Macro Briefing: 29 September 2021

* Treasury Sec. Yellen: US runs out of money on Oct. 18 without higher debt ceiling
* Biden focuses on two Democratic senators to save $3.5 trillion plan
* JPMorgan’s Jamie Dimon says US default would be ‘potentially catastrophic’
* Sen. Warren opposes Fed’s Powell for second term
* Sharp rise in bond yields is challenging investor confidence in big tech firms
* Rising commodities prices lift risk of stagflation for global economy
* Analyst says data shows rise of indexing inflated a stock market bubble
* US home price gains continued accelerating in June, up 19.7% from year ago
* US Consumer Confidence Index continues falling in September: