Macro Briefing: 20 October 2021

* Fed Chair Powell’s inflation metrics raise doubts about transitory forecast
* US 10-year Treasury yield rises to 1.67% on Tuesday — highest since May
* Has China become uninvestable? Milken conference guests debate the question
* UN report expected to forecast that fossil fuel producers set to ramp up output
* Can carbon-sucking fans help the world reach net-zero emissions?
* Multiple factors driving labor shortage that’s slowing US recovery
* German producer prices increase at fastest annual pace in more than 46 years
* US housing starts fell in September vs. expectations for moderate rise:

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