A resurgence in tensions in Crimea has brought political risk back to the table for holders of Russian debt.
Bloomberg: Putin’s saber rattling against Kyiv exposes risks to bond rally
People take part in a rally in the Crimean city of Yalta on March 18, 2016, to mark two years since Russia's President Vladimir Putin signed off on the annexation of Crimea in a epochal shift that ruptured ties with Ukraine and the West.