Risk that comes from the country rather than the issuer
Political upheaval, deteriorating public finances or a currency collapse can hit an asset regardless of who issued it. It shows up not only as a government failing to repay but as blocked transfers or currency that cannot be exchanged. Agencies rate countries too, and that rating often caps the ratings of companies based there.
In a country facing fiscal doubts, the ten-year yield has jumped from 2% to 7% within six months.
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.