🇷🇺 and indeed Bank of Russia cuts interest rates down to 20%
Illya Gerasymchuk
🇷🇺 and indeed Bank of Russia cuts interest rates down to 20%
3 months ago I wrote about how the Russian bond market was pricing in those cuts
a month ago the prediction materialized ✅
🇷🇺 Russian Central Bank key interest rate is at 21%
3Y Russian Federation bonds are at ≈16.5% yield
The market is pricing in upcoming rate cuts
@AskPerplexity and @grok will tell you that Ruble & Russian economy are in a bad state. The reality is different
