An employee counts Indian rupee banknotes at a Walmart Inc. Best Price Modern Wholesale store in Hyderabad, India. (Photographer: Dhiraj Singh/Bloomberg)

Bond Funds in India Embrace Duration as Rate Cut Bets Intensify

(Bloomberg) -- Bond funds are adding to duration in India as bets that the central bank will keep cutting rates move out on the curve. A second strategy is to rotate to corporate debt ahead of yiel...