Bondholder’s Dream Beckons as ‘Japanification’ Sweeps Russia

Central Bank of Russia file photo

(Bloomberg – bloomberg.com – June 28, 2017 – Anna Andrianova) From the bondholder’s perspective, Russia has a lot in common with Japan and Italy. That’s a good thing, mostly. An aging population more prone to saving, combined with a “strongly conservative” economy, offer the best mix for fixed-income investors, according to Renaissance Capital. While poor demographics will haunt Russia’s growth […]

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