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re: Russia slides into historic debt default as payment period expires

Posted on 6/27/22 at 10:13 am to
Posted by Bunk Moreland
Member since Dec 2010
54345 posts
Posted on 6/27/22 at 10:13 am to
I think I heard there are American pension funds that depend on those payments? If so, I'm sure they're thrilled.
Posted by GumboPot
Member since Mar 2009
119560 posts
Posted on 6/27/22 at 10:18 am to
Just checking the 10 year Russian government bond is currently paying 8.660%. There has been no spike in bond price due to sanctions. In fact the 10 year bond yield has been very stable the last 2 years at 8.6-8.75%.
Posted by deltaland
Member since Mar 2011
91243 posts
Posted on 6/27/22 at 11:55 am to
quote:

think I heard there are American pension funds that depend on those payments? If so, I'm sure they're thrilled.




Small sacrifice to pay to stand up for democracy






/s
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