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re: Russia slides into historic debt default as payment period expires
Posted on 6/27/22 at 10:18 am to Bunk Moreland
Posted on 6/27/22 at 10:18 am to Bunk Moreland
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%.
1
Posted on 6/27/22 at 10:22 am to GumboPot
Russia defaulted after the Bolshevik revolution when Lenin said frick the czar’s debts and in 1998 amidst the economic upheaval after the fall of the Soviet Union.
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