Russian bond prices take hit as Yukos ruling announced
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Russian bond prices take hit as Yukos ruling announced

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A court ruling on Yukos Oil made in The Hague on Monday became the latest of a growing number of bad news stories involving the country, putting further pressure on its bond prices. A number of market participants are expecting harsher EU sanctions on Russian entities later this week that more closely mimic moves by the US a fortnight ago.

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