Indian Debt Funds Cut Hedges as Oil Risks Inflate Rate-Hike Bets

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Bloomberg Markets 1 day ago • bloomberg.com

Indian Debt Funds Cut Hedges as Oil Risks Inflate Rate-Hike Bets

Some Indian debt fund managers are cutting back on interest-rate hedges against their bond holdings, saying markets have already priced in an excessive rise in borrowing costs driven by a surge in oil prices.

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