Russian Markets Fairly Calm

 
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        0756 GMT [Dow Jones]--If investors in Russia are particularly concerned about the latest developments--Ukraine launched a major military operation Friday to regain control of the pro-Russian separatist stronghold of Slovyansk--they are not showing yet. To be sure, there is some pressure on stocks and the local currency but moves in previous bouts of turmoil have been bigger. The MICEX stock index is down just 0.3% while the ruble is also steady at 3.5777. The yield on a Russian government bond maturing in 2027 has eased to 9.47% from 9.54%. (neelabh.chaturvedi@wsj.com)
        (END) Dow Jones Newswires

        May 02, 2014 03:56 ET (07:56 GMT)

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