Wildfires from Russia’s record heat wave are curbing bond trading as the smoke engulfing Moscow drives away bankers.Fixed-income trades dropped by as much as 25 percent in the past five days, according to Moscow-based investment bank IFC Metropol. Fewer sales of corporate bonds set the new issues market on course for its lowest third-quarter total since 2007, falling 8 percent from the same period last year, according to data compiled by Bloomberg. Read the story here.
