Russian Stocks Tumble With Bonds as Downed Jet Heightens Risks

Updated on
  • RTS Index slides 3.3%, bond yields climb most since August
  • Russia is Turkey's second-largest trading partner globally

Why Did Turkey Shoot Down a Russian Warplane?

Russian stocks had the second-biggest drop worldwide and government bonds slid as President Vladimir Putin called Turkey’s downing of a fighter jet close to the Syrian border as a “stab in the back” that would have serious consequences for ties between the two nations.

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