Ukraine Bond Rally Best in Region Signals Mounting Risks - Businessweek:
"Since Ukraine’s territorial integrity started crumbling in March, the nation’s bonds have outperformed regional peers. For Landesbank Berlin Investment GmbH, that’s unsustainable.
“Nobody should buy anything in Ukraine,” Lutz Roehmeyer, who helps manage $1.1 billion of emerging-market assets at the fund manager known as LBB-Invest, said by e-mail June 10.
Ukraine’s dollar debt has returned 14 percent since Crimea’s vote for secession on March 16 escalated the conflict with Russia. That’s the best performance among 13 eastern European nations in the Bloomberg Dollar Emerging Market Sovereign Bond Index, which gained 6.4 percent through yesterday."
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