Cory Hoffman — Have the Bond Vigilantes Really Arrived in Russia or is the market simply following the lead of the Russian Central Bank?

So, I suspect that these recent rate hikes are not the result of the Russian Bond Market Vigilantes protesting Russian policies and the Russian Central Bank losing control but rather an example of the market rationally responding to the forward guidance of the Russian Central Bank.

Overlapping Consensus
Have the Bond Vigilantes Really Arrived in Russia or is the market simply following the lead of the Russian Central Bank?
Cory Hoffman