Ukrainian bonds rose sharply after the Democratic victory in the US midterm elections, Bloomberg reports. Investors expect that strengthening the position of the Democratic Party in Congress will improve relations between Kyiv and Washington and help maintain American military support in Ukraine. According to the agency, Ukrainian dollar bonds with a coupon rate of 4.5% and maturity in 2034 rose more than a cent, exceeding 63 cents per dollar of face value. This is the highest level in more than a month. Ukrainian debt securities were among the growth leaders in emerging markets. Aberdeen Investments Chief Investment Officer Victor Sabo explained that the market has hope about the ability of the new Congress to prevent restrictions on intelligence sharing with Ukraine and access to the Star Shield system. However, Donald Trump's future policies remain unpredictable. The chief economist of Capital Economics, Neil Shearing, admits that after the Republicans lost positions in Congress, Trump, on the contrary, may more actively use his foreign policy powers. In his estimation, the American president is capable of trying to hasten the end of the war under more favorable conditions for Moscow. In this case, Europe will have to increase defense spending and take on more responsibility for the continent's security. Therefore, the financial markets are counting on the strengthening of the American support for Ukraine, but the political consequences of the elections remain unclear.

Ukrainian bonds rose sharply after the Democratic victory in the US midterm elections, Bloomberg reports. Investors expect that strengthening the position of the Democratic Party in Congress will improve relations between Kyiv and Washington and help maintain American military support in Ukraine. According to the agency, Ukrainian dollar bonds with a coupon rate of 4.5% and maturity in 2034 rose more than a cent, exceeding 63 cents per dollar of face value. This is the highest level in more than a month. Ukrainian debt securities were among the growth leaders in emerging markets. Aberdeen Investments Chief Investment Officer Victor Sabo explained that the market has hope about the ability of the new Congress to prevent restrictions on intelligence sharing with Ukraine and access to the Star Shield system. However, Donald Trump's future policies remain unpredictable. The chief economist of Capital Economics, Neil Shearing, admits that after the Republicans lost positions in Congress, Trump, on the contrary, may more actively use his foreign policy powers. In his estimation, the American president is capable of trying to hasten the end of the war under more favorable conditions for Moscow. In this case, Europe will have to increase defense spending and take on more responsibility for the continent's security. Therefore, the financial markets are counting on the strengthening of the American support for Ukraine, but the political consequences of the elections remain unclear.