Macro Briefing: 19 April 2022

* Russia launches new military offensive in eastern Ukraine
* US real Treasury yields close to turning positive for first time in two years
* War-driven food insecurity is center stage at global finance meeting
* US equities will grind higher as inflation peaks, predicts analyst
* Investors are wary that China economic support will limit Covid-related damage
* Confidence among US homebuilders falls to seven-month low in April
* Should Fed raise interest rate 3/4 point? Yes, says St. Louis Fed’s Bullard
* US 10-year Treasury yield continues rising, at highest rate since Dec. 2018: