Ukraine 2035 Dollar Bonds Rise for Third Straight Day to Highest Since September

A three-session run to a two-month high is less about the absolute level than about the persistence: sustained buying in a sovereign still associated with restructuring risk signals that holders are repricing recovery expectations rather than chasing a one-day headline. The read-across matters most for distressed and frontier sovereign credit, where Ukraine has served as a bellwether for how much political and war-related risk the market is willing to absorb. Whether the bid holds through the next quiet stretch, or fades once the immediate catalyst passes, is the open question.