Debt Desk — Debt Desk — October 18, 2026: Russia Backlash, Midterm Mobilization and the Multifamily Refinance Gap
Good morning. It is Sunday, October eighteenth.
The national brief begins with fast-moving fallout from President Trump's decision to put new Russia sanctions on hold.
Members of both parties criticized the waiver Saturday, one day after Trump signed the executive order and just before the sanctions were scheduled to take effect. The legislation had passed Congress with overwhelming bipartisan support and was designed to pressure countries that keep buying large amounts of Russian energy.
This is a meaningful new development in the Russia and diesel story we have been following. On…
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