Ecb's Draghi says Cspp Not Encountering Obstacles

*Yellen Begins Testimony Before Senate Banking Committee

Emu Inflation Picks up in May, led by a Rebound in Oil Prices

Uk Dmo Chief says We Must Keep An Open Mind As Regards to Distribution Mechanisms for Uk Government Debt

Uk Dmo Chief says Unable to Rule Out the Possibility That There Will be An uncovered Auction Some Time in the Future