LONDON (Reuters) -Russia has offered to buy back dollar bonds maturing next week in roubles in a move seen by analysts as helping local holders of the $2 billion sovereign issue receive payment, while also easing the country's hard-currency repayment burden.

The U.S. Treasury yield curve is flashing a warning sign to Wall Street, where many are worried that a recession could be in store after bond investors pushed up short-term rates to the point where yields on the 2-year Treasury were actually higher than the 10-year Treasury.

MILAN (Reuters) -The board of Telecom Italia (TIM) on Tuesday was informed about a proposal from CVC for a stake in its enterprise services business and its directors were also briefed on discussions with KKR over a rival approach.

Nielsen Holdings on Tuesday agreed to go private for $10.06 billion in a sweetened deal with private equity firms led by Elliott Management and Brookfield Asset Management, days after the TV rating firm rejected a bid from the group.

The U.S. Treasury yield curve inverted on Tuesday for the first time since 2019, as investors priced in an aggressive rate-hiking plan by the Federal Reserve as it attempts to bring inflation down from 40-year highs.

Switzerland has become more vulnerable to a shock from its inflated property sector, Swiss National Bank Vice Chairman Fritz Zurbruegg said on Tuesday, adding it is not the job of monetary policy to curb the risks.