- The sanctions imposed on the Russian government and companies, along with countermeasures by Russian authorities, have caused further disruption to commodity markets and contributed to rising prices.
- Sanctions against Russia, along with countermeasures by Russian authorities and self-sanctioning by buyers, have led to severe supply disruption in not just metals, but also energy and grain markets, and the prices of a wide range of commodities have reached record levels.
- In the short term, hard-currency bonds could remain volatile given the challenging global macroeconomic backdrop.
For further details see:
Russia-Ukraine Conflict Hits Commodity Markets