Ukraine International Bonds Tumble After Trump-Zelenskiy Clash
Ukraine's international bonds tumbled to their lowest level in more than a month on Monday after the clash between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump last week doused hopes of Kyiv securing Washington's backing. The 2036 maturity saw the biggest decline, down 4.5 cents to be bid at 60.775 cents to the dollar, its lowest in a month, Tradeweb data showed. Bonds where the size of future payments was linked to economic performance suffered the sharpest declines, and trading has been very active, according to one trader.
- The escalating tensions between Ukraine and the U.S. over the war in Ukraine highlight the challenges of navigating complex geopolitics and their impact on financial markets.
- How will the shifting dynamics in the Trump administration's approach to Ukraine affect the likelihood of a long-term peace deal in Eastern Europe?