Macro Briefing: 11 April 2022

* New Russian assaults focus on eastern Ukraine
* French President Macron faces far-right Le Pen in presidential election
* Rise in US Treasury yields rippling through global markets
* US 10-year Treasury yield tops equivalent for China for first times since 2010
* Economists see a growing risk of a US recession
* It’s not a recession, it’s a ‘war-cession,’ says a leading strategist
* US mortgage payment-to-income ratio tops 29%, highest since 2007
* China continues to promote Russia’s propaganda on Ukraine war
* Economists expect US consumer inflation to accelerate further in March:

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