Macro Briefing: 19 March 2021

* Tensions high at first official US-China meeting
* Russia reacts angrily to Biden’s remark that Putin is ‘a killer’
* Economists raise economic forecasts for US as Americans increase spending
* Fed worries that a booming US economy won’t last
* US bond market yields rise a day after Fed meeting
* Higher 10-year Treasury yield a sign of rising economic confidence, says analyst
* US Leading Economic Index continued rising in February
* Philly Fed Mfg Index jumps to 50-year high in March
* US jobless claims unexpectedly rose last week: