2008 global financial crisis

Treasury Inflation-Protected Securities (TIPS) are U.S. government bonds designed to hedge against inflation by adjusting principal and interest payments based on the Consumer Price Index. They offer fixed interest rates with semiannual payments but carry risks like volatility and sensitivity to interest rate changes, particularly for longer-term maturities. Investors can purchase TIPS directly, build ladders, or invest in TIPS funds or ETFs like those offered by iShares.

Gazprom’s stock fell more than 5% to 83.98 rubles per share, setting a new record low and surpassing its previous record of 84 rubles per share established during the 2008 global financial crisis.

Alan Greenspan, the US Federal Reserve chief who presided over an economic expansion but faced criticism for not preventing the 2008 global financial crisis, has died at 100, according to his wife's statement.

Russian stocks fell to their lowest level since October as hopes for a Ukraine peace deal diminished. The MOEX's 14-week decline has exceeded its historic losing streak during the 2008 global financial crisis.