ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »Russian bonds in worst week since January as inflation creeps up
Bloomberg Russian government bonds suffered their worst weekly performance in six months after oil retreated and accelerating inflation raised concern the central bank will be forced to slow the pace of rate cuts. Five-year OFZ bonds had their biggest five-day drop since mid-January, driving the yield up 33 basis points. While debt fell, the ruble climbed with rising crude ...
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