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Bond Market News

Ukraine Bonds Rally as Russia Says Troops Pulled Back

February 16, 2022

Dollar bonds of Ukraine rallied as fears of Russia invading the country eased. Moscow said that some of its troops were returning home, with Russian President Putin saying that Moscow was ready for talks with the US and NATO on limits for missile deployments and military transparency. However, the US President Joe Biden said that a Russian attack on Ukraine was “still very much a possibility”.

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