The Russian ruble stayed weaker even after Russia’s central bank more than doubled its benchmark interest rate to 20% from 9.5% to stem the currency’s depreciation. Currencies in the broader Eastern European region and Turkey came under pressure. The Polish zloty and Hungarian forint both weakened 2.3% against the dollar. Bitcoin stood at about $37,900, declining around 3%. The 10-year U.S. Treasury note fell to 1.906%, from 1.984% Friday, as investors reached for the safety of government bonds. Eurozone government bond yields traded lower in a sign that investors remain in risk-off mood as Russia and Ukraine prepare for talks for the first time since the invasion began. . . .
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