Macro Briefing: 18 January 2022

* 10-year US Treasury yield rises to two-year high in early Tuesday trading
* Preliminary Israeli study suggests fourth vaccine doesn’t stop omicron infections
* UK to send missiles to Ukraine for self-defense from possible Russia attack
* US policy of engaging with N. Korea appears mistaken, analyst says
* China’s Xi urges West not to raise interest rates too fast
* US airlines ask for ‘immediate intervention’ in planned rollout of 5G
* Oil reaches 7-year high on Tuesday amid new concerns over supply constraints: