Fixed Income

March 15, 2021

Ukrainian sovereign Eurobonds saw some gains last week as falling yields in US Treasuries boosted appetite for risk among portfolio managers. The global economic outlook has brightened as COVID-19 vaccine rollouts speed up and the United States launches a new USD 1.9 trillion stimulus package. The massive US package foresees sending direct payments of USD 1400 to most US citizens, which will start hitting bank accounts as soon as this week. The bill will also extend a USD 300 per week unemployment insurance boost until September.