The Indian rupee fell to around 95.8 per dollar, extending losses as Brent crude reclaimed $100 a barrel and the dollar strengthened on rising expectations for U.S. rate hikes. A stronger-than-expected U.S. purchasing managers’ report heightened inflation concerns, while a poorly received five-year Treasury auction pushed yields higher. The 10-year Treasury yield rose more than 15 basis points from Tuesday’s close, and the five-year yield moved above 5% for the first time since 2007. Foreign investors have net sold $3.5 billion of Indian stocks and bonds so far this month. Frequent Reserve Bank of India intervention has helped contain losses near 96, with the central bank reportedly conducting at least $10 billion in sell-buy foreign-exchange swaps in recent weeks to absorb excess rupee liquidity. Earlier RBI measures attracted about $133 billion through a diaspora deposit scheme and lifted foreign-exchange reserves to a record high.