In a speech on Thursday, the U.S. Treasury Secretary also advocated for maintaining the dollar's prominence
Unemployment dropped to its lowest rate since the pandemic erupted
Trading was under heavy restrictions after the month-long shutdown
Stocks last traded on Feb. 25, the day after the invasion started
The country has about $40 billion in foreign currency debt
The move follows a December hike and concern about rising consumer prices
Holders of the bonds, such as funds that invest in emerging market bonds, could take serious losses
Bond purchases are now set to end in the third quarter
Surging costs for gas, food and housing propelled the increase
The European Union braces for higher energy prices and a drag on consumption and investment