Markets reading all this as turning point to de-escalation. Russia 5Y CDS which hit 280bps on Monday is back around 190bps - but in the autumn it was sub 100. Lower is better/lower risk for non financial followers. Ukraine GDP warrants hit mid 60s price on Monday, and are mid 70s now, albeit they are down from 108 still from November.
Ukraine - bye, bye Vlad?
Ukraine - bye, bye Vlad?
Ukraine - bye, bye Vlad?
Markets reading all this as turning point to de-escalation. Russia 5Y CDS which hit 280bps on Monday is back around 190bps - but in the autumn it was sub 100. Lower is better/lower risk for non financial followers. Ukraine GDP warrants hit mid 60s price on Monday, and are mid 70s now, albeit they are down from 108 still from November.