India's Rate Swaps Climb to Five-Week High as Easing Bets Recede

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  • Investors concerned about fiscal slippage, rates: Edelweiss
  • Ten-year bond yields rose in six of the past seven days

India’s one-year interest-rate swaps climbed to the highest in more than five weeks on speculation higher government spending will spur inflation and reduce scope for interest-rate cuts.

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