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Colombia’s economy grows at slowest pace since 2009 crisis

  Bloomberg Colombia’s economy grew at the slowest pace since 2009 in the first three months of the year as consumer confidence slumped and prices fell for the nation’s oil, coal and coffee. The weaker-than-expected result caused bond yields to drop as traders pared bets on further interest rate increases. Gross domestic product expanded 2.5 percent from the year earlier, ...

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Brazil to delay Petrobras, other asset sales until 2017

  Bloomberg Brazil’s Acting President Michel Temer will prioritize infrastructure concessions this year as a way to showcase an improving political environment and rule of law, before offering stakes in state companies in 2017. Several highways and airports are almost ready to be put up for tender. Such deals are less controversial than those involving strategic assets, like units of ...

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Traders urge Fed to wait until December after job data stun

  Bloomberg For bond traders, the stalling U.S. job market means the Federal Reserve will probably lift interest rates just once this year, in December. The nation’s employers added workers at the slowest pace in almost six years in May, government data showed. The report fueled a surge in Treasuries, driving yields on two-year notes down the most since September ...

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