Macro Briefing: 10 July 2018

Trump picks Brett Kavanaugh, a solid conservative, for Supreme Court: The Hill
Ahead of Nato summit, Trump criticizes members on defense spending: Politico
China’s producer inflation accelerated to six-month high in June: Reuters
UK growth picked up in May: MNI
German economic sentiment suffers sharp pullback in July:
Turkey may be the most vulnerable emerging market: NY Times
Lowest-rated tranche of inv-grade US corp bonds flash econ warning: Bloomberg
US consumer credit in May rose the most in six months: Bloomberg
10yr-2yr Treasury yield curve held below 30 basis points on Monday: