Russian Eurobonds recover as oil rebounds

MOSCOW. Dec 9 (Interfax) - Russian Eurobonds recovered early losses as oil prices rebounded on Tuesday.

US Treasuries posted moderate gains.

Russia's benchmark 2030 bond had fallen just 5 basis points by 6:55 p.m. Moscow time to 105.84%, yielding 6.15% p.a., up from 6.14% on December 8.

Ten-year US Treasuries were up 50 basis points to 100.41%, yielding 2.2% p.a., down from 2.26%.

Spread in yield between Russia-30 and UST10 widened 7 bps to 395 bps.