Macro Briefing: 10 November 2021

* St. Louis Fed President James Bullard predicts two rate hikes in 2022
* General Electric announces it will split into three companies
* American households are carrying record amounts of debt
* China’s producer-price inflation surged to a 26-year high in October
* Economic advisers to the German government cut growth forecast
* Fed Gov Brainard interviewed at White House as possible replacement for Powell
* 30-year US Treasury yield falls to 1.79%, lowest since July
* US small business sentiment fell in October, lowest since March
* US producer-price inflation held steady at 8.6% y-o-y, highest since 2010:

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