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Bond Market News
Ukraine’s Dollar Bonds Extend Rally
February 14, 2025
Ukraine’s dollar bonds extended their rally after US President Donald Trump announced that Russian President Vladimir Putin agreed to peace talks. BNY’s Bob Savage noted that the bond rally reflected optimism about peace, though reaching parity might depend on future EU reconstruction efforts, which may take time. He added, “For the U.S. and its debt debates it may be a lesson that hope requires clear signals of progress to hold prices.”
Ukraine’s dollar bonds were up 1.5-2 points across the curve.
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