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SSASovereigns

Eurozone sovereigns in race to escape escalating Ukraine crisis

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Senior SSA bankers have named the Russia-Ukraine crisis as the one thing that could disrupt the issuance plans of the eurozone’s peripheral sovereigns. As Ukraine on Thursday accused Russia of marching troops into its territory, core eurozone bond yields rallied away from their peripheral cousins leaving market participants hoping that Greece, Portugal and Spain would complete their remaining funding before things got any worse.

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