Russia oil ban accord unites markets in sell off

By Dan Alderson

Tuesday, May 31, 2022

EU leaders’ compromise agreement on banning Russian oil imports by sea has presented a united front few may have thought possible only days ago. But financial markets have not reacted positively, with risk assets selling off as the euro slumps and oil hits its highest level since March

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TAGS: Asia CDS Emerging markets Europe High yield bonds Investment grade credit Research Secondary market North America Synthetic/SRT

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