Debt Desk — Debt Desk — October 21, 2026: Ukraine Talks, Affordability Politics and a Multifamily Maturity Test
Good morning. It is Wednesday, October twenty-first.
The national brief begins with a new diplomatic move in the Russia-Ukraine war, and another test of the strained relationship between Washington and Kyiv.
U.S. envoy Steve Witkoff arrived in St. Petersburg Wednesday for talks with Russian President Vladimir Putin. Witkoff met Tuesday in Oslo with Ukrainian President Volodymyr Zelenskyy and European leaders, and he is expected to return to Norway for more consultations after the Russia meeting.
This is the first meaningful development in the Ukraine rupture we have been following. President…
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