mumbai may 25 reuters  the indian rupee is expected to decline on thursday as worries over the us debt ceiling boosted demand for the safe haven dollar and sent us yields higher nondeliverable forwards indicate the rupee  having seen a bit of relief in the last two days will resume losses the onemonth ndf indicates that the rupee will open at 82708272 to the dollar compared with 8266 in the previous session the dollar will catch a bit of a bid at open but it will have to do much more to convince momentum chasers a trader said fitch put the united states aaa debt ratings on negative watch on wednesday in a precursor to a possible downgrade should lawmakers fail to raise the amount the dollar index rose to 104 and the 2year us yield climbed to near 440 both highest in more than two months the shorter maturity part of the us yield curve was the most impacted by the us debt ceiling impasse the point of peak stress related to the debt ceiling is set at june 1 where the onemonth treasury bill is yielding nearly 7 dbs research said in a note while tbill rates slightly further out are near 5 representatives of president joe biden and congressional republicans ended another round of debt ceiling talks on tuesday with no signs of progress as the deadline to raise the governments borrowing limit or risk default ticked closer us equities dropped overnight asian currencies fell with the offshore chinese yuan dropping below 708 to the dollar meanwhile minutes of the us federal reserve may meeting minutes revealed policymakers generally agreed  that the need for further interest rate increases had become less certain however some cautioned that the us central bank needed to keep its options open given the risks of persistent inflation key indicators  onemonth nondeliverable rupee forward at 8283 onshore onemonth forward premium at 9 paise  usdinr nse may futures settled on wednesday at 8270  dollar index up at 10399  brent crude futures up 02 at 785 per barrel  tenyear us note yield at 375  sgx nifty nearestmonth futures down 02 at 18240  as per nsdl data foreign investors bought a net 386mln worth of indian shares on may 23  nsdl data shows foreign investors bought a net 155mln worth of indian bonds on may 23