OFZ quotes have been growing for the last 3 sessions, although by the end of 2 weeks they still declined on average (except for long issues). As in the monitoring two weeks ago, I will not draw conclusions about whether the bottom has been reached. There are situations of greater and less confidence in one direction or another of the market. Now for me the second. In fact, OFZ deposits benefit from the entire curve, especially from a couple of years to maturity. Even with the continuation of a moderate rise in deposit rates in the future. This is perhaps the only conclusion that can be made unequivocally. The rest for today is akin to fortune telling.
Source of the price index of Moscow Exchange government bonds (RGBI): https://www.moex.com/ru/index/RGBI/technical/