Russia Bonds Gain After Central Bank Ends 11-Month Easing Hiatus

  • Bank of Russia opens door for more cuts on easing inflation
  • Yields go back to pre-sanction levels on notes due 2027

Bank of Russia Resumes Easing Cycle With Rate Cut

Russia’s bonds gained after policy makers cut interest rates for the first time in almost a year, sending yields toward a level last seen in 2014 before the double whammy of an oil crash and international sanctions.

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