Bonds
UPDATE 1-Fed's Lockhart sees hope that inflation slowing
WASHINGTON, May 16 (Reuters) - U.S. inflation is too high but may be slowing and the economy is suffering a "pronounced and serious downturn", Federal Reserve Bank of Atlanta President Dennis Lockhart said on Friday. Full Article
EIB plans to sell $3 bln 3-year bond -lead
LONDON, May 16 (Reuters) - The European Investment Bank [EIB.UL] plans to sell a $3 billion three-year bond, an official at one of the banks managing the sale said on Friday. Full Article
KKR hires Lazard exec to boost infrastructure biz
NEW YORK, May 16 (Reuters) - Private equity firm Kohlberg Kravis Roberts & Co [KKR.UL] said on Friday it hired Lazard banker George Bilicic to lead a team that will focus on investing in infrastructure assets worldwide. Full Article
Asian shares mostly up
May 16 - Asian shares rose cautiously Friday, led by markets in Taiwan and Korea that hit year highs. Play Video
