Macro Briefing: 29 March 2022

* New round of peace talks between Ukraine and Russia begin
* Joe Biden’s $5.8 trillion budget for next year would trim federal deficits
* US job openings still exceed job takers, private data show for March
* Global supply chain risk is rising again
* Possible strike by West Coast dockworkers looms for supply-chain risk
* China’s planned lockdown of Shanghai raises concerns about energy demand
* German consumer sentiment falls to lowest level since Feb 2021
* Dallas Fed Mfg Index continues to show moderate growth for March
* US goods trade deficit narrows in Feb, but remains near record
* US 2-year Treasury yield continues rising, reaching new three-year high:

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