Russia's Growing Rate-Cut Bets Drive Best Bond Rally Since 2010

Updated on
  • Ashmore sees 25-50 basis-point rate cut at Oct. 30 meeting
  • Schroders' Moseley sees OFZs as `fairly valued' after rally

Russian government bonds rose, extending the longest stretch of weekly gains since 2010, as the ruble’s rally boosted speculation the central bank will resume interest-rate cuts to shore up the economy.

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