How the conflict between Russia and Ukraine will affect the global market
Potential invasion of neighboring Russia into Ukraine will be felt in many markets, from wheat and energy prices, regional sovereign dollar bonds to safe assets. At major risk events, investors usually rush back to bonds, the safest asset on the planet. Even if Russia’s invasion of Ukraine risks further pushing up oil prices, this time it may not change. “If Ukraine’s story goes wrong, there will be significant bids on the Treasury, which will reach 2% in 10 years,” said Padrake Garvey, head of regional research in the Americas. Would be. ” ING.