Comment on For Wall Street, Russia Has Become ‘Bulletproof

Forbes, Free Republic
Mon, 11/18/2019 - 9:50pm

For Wall Street, Russia Has Become ‘Bulletproof

Sorry, haters, Putin’s securities market is better than Xi’s, better than Trump’s. It’s Europe’s fault. For all the talk about starving Vladimir Putin and, inevitably, Russia of financial resources with sanctions on major state-run companies, Russian bonds have become a must-have. Not only in Europe where yields are nearly zero, but also among American global bond fund managers that want to get paid for holding debt.

 

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