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Russian Bonds Trade Mixed, 10Y Pegged Below 7.20 Resistance

RUSSIA
  • Local & USD rates trade mixed around the open, having eased slightly higher in yesterday's mostly muted session.
  • Both local & USD bonds closed +1-2bp higher across the curve with locals seeing an ever so marginal bear steepening.
  • Local 10Y remains pegged just below 7.20 resistance, having failed to hold below 7.15 in yesterday's session.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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