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Stocks, Ruble Extend Losses As Russia Expels Deputy US Ambassador, US Says "Invasion Imminent" (Again)

Tyler Durden's Photo
by Tyler Durden
Thursday, Feb 17, 2022 - 02:00 PM

Update (0900ET): Adding further to tensions, RIA reports that Russia has expelled the Deputy US Ambassador, and that has legged stocks down further to overnight lows...

The Ruble is also sliding...

10Y Treasury yields are bid, trading back below 2.00%.

*  *  *

Here we go again...

After a roller-coaster overnight session, driven by headlines about various attacks in Ukraine, US envoy to UN, Linda Thomas-Greenfield, told reporters (and anyone who'll listen) that "Russia is moving towards imminent invasion," adding that "this is a crucial moment."

Raising the rhetoric threat further, SecState Blinken is due to deliver remarks on Russia's threat to peace and security at a UN Security Council meeting at 10amET.

Haven't we heard that before?

Reaction was immediate with stock exposure being derisked...

And the geopolitical risk premium pricing back into crude...

Will it even matter if anyone denies?

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