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Business 12 Jan 2021 | 7:00 AM

RBI squeezes money markets to spur selloff in shorter bonds

NEW DELHI: India’s key money-market rates and yields on short-term debt rose after the central bank took its first small step toward unwinding emergency pandemic measures.

Business 12 Jan 2021 | 7:00 AM

Hedge funds head for cover as dollar rebound gathers pace

NEW YORK: The US dollar rebound is picking up pace, with signs that speculative traders are busy covering short positions after US Treasury yields surged.