Bonds Pay the Price for India’s Rupee Defense as Rate Bets Build
India’s fight to stabilize the rupee is starting to exact a price in the bond market, as traders ramp up bets on faster interest-rate hikes.
By Pratigya Vajpayee · Bloomberg Markets
India’s fight to stabilize the rupee is starting to exact a price in the bond market, as traders ramp up bets on faster interest-rate hikes.