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Russian Rates Continue to Rally, USD Bonds Lead the Way

RUSSIA
  • Local & USD rates trade mixed at the open, having closed firmly on the front foot at the end of last week.
  • Both curves traded with similar price action, with gains concentrated in the belly-middle sections.
  • USD bonds were slightly favoured, however, accruing larger gains w/w.
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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