Investors should employ a so-called “butterfly” swap strategy in India to profit from higher borrowing costs as a recovery in Asia’s third-largest economy stokes inflation, according to Morgan Stanley.
India’s bonds due 2022 rose, sending the benchmark yield to the lowest in almost three years, on optimism cooling inflation will allow the central bank to add to this year’s three interest-rate cuts. The rupee weakened.
Rohit Arora, chief executive officer of Biz2Credit, discusses the "Capitalize Your Dream" contest, which will award $1,200 in finance packages to three small businesses. Arora talked to Bloomberg's Kathleen Hays and Vonnie Quinn on "The Hays Advantage" on Bloomberg Radio on May 24, 2012.