Economics
Ukraine Truce Boosts Appeal of Russian Assets as Stocks Advance
- Currency has best weekly gain this year as oil advances
- Bond yields fall to 12-week low, stocks at three-week high
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Russia’s stocks, bonds and currency posted weekly gains amid signs that political risks in the country are abating, paving the way for an easing of international sanctions tied to the Ukraine conflict.
The benchmark equities gauge in Moscow climbed to the highest level since Sept. 17 as energy shares advanced. Government bonds rose, with the yield on the five-year note dropping to a 12-week low. The ruble had its the best week since December.