Following the recent events between Russia and Ukraine. the Russian yield curve has become inverted. There are two reasons for this situation: {1] the central
Following the recent events between Russia and Ukraine. the Russian yield curve has become inverted. There are two reasons for this situation: {1] the central bank raises interest rates to offset short+run inflationary pressures and {2] the market \"priced" the higher risk coming from the resulting sanctions on the Russian financial system. [MAXIMUM 25G WORDS]
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