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Russia Credit Risk Spikes To 3-Month Highs After US Expands Sanctions

Image by Министерство финансов России

The US added 38 people (two Russian officials and three dozen other individuals and companies) to a sanctions list prompted by Russia’s incursion in Ukraine, the US Treasury Department announced Tuesday, just before US President Trump was due to meet Ukrainian President Petro Poroshenko. Sovereign bond yields and CDS have spiked following the news…

Russia credit risk spike to its highest since March following the news…

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