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BoE's Bailey sees no rush to act on interest rates

Bank of England Governor Andrew Bailey said on Tuesday that the central bank remained in no rush to respond to increased oil prices and that inflation was on course to return to its 2% target, albeit later than he would have liked.Bailey said that past increases in oil prices meant British inflatio…

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Economy
NEWS reuters

Colombia's urban jobless rate falls to 8.5% in May

Colombia's urban jobless rate was 8.5% in May, below the 9% registered the same month last year, government statistics agency DANE said on Tuesday, based on surveys in the country's 13 biggest cities.The national unemployment rate also stood at 8%, also below the 9% reported for May 2025, DANE said…

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Economy
NEWS reuters

Table-Non-competitive bids for U.S. 6-week bills

June 30 (Reuters) - Below are results from non-competitive bids on U.S. 6-Week BillsSecurity 6-week billsIssue Date July 02, 2026CUSIP 912797TW7Maturity Date Aug 13, 2026Offering Amount $80,000,000,000Non Comps Accepted $1,288,501,000Tentative T…

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Bonds

US yields higher after data as Iran talks eyed

By Chuck MikolajczakU.S. Treasury yields were higher on Tuesday, although the benchmark 10-year note was on track to snap a three-month streak of gains, after a reading on the labor market and as investors eyed possible peace talks between the U.S. and Iran.Top U.S. envoys who have arrived in Doha…

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Bonds

German regulator moves to curb Deutsche Bahn dominance on key rail routes

Germany's network regulator plans to limit Deutsche Bahn's use of long-distance rail capacity on some congested routes, potentially opening the market to rivals including Italy's Italo (IPO-NUOVO.MI).The Bundesnetzagentur presented the proposal to its rail infrastructure advisory council on Tuesday…

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Economy