Macro Briefing: 25 October 2021

* Biden close to passing laws that will bring major shift in social policy
* New round of Russia-linked computer-hacking operations identified
* Big tech earnings reports in focus this week
* Treasury Sec. Yellen expects high inflation through mid-2022
* Short-term gov’t bond yields, sensitive to rate expectations, are rising
* Federal Reserve prepares to wind down bond-buying program in November
* Sudan’s prime minister arrested amid reports of a coup
* US economic growth strengthened in October, according to PMI survey data:

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