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SECTOR ETFITAXARBEARISHIn depth · 4/5

No single ticker was named. Defense & aerospace ETFs are one way for retail investors to get exposure. Not a recommendation.

Global structural shifts threaten US Treasury demand

The structural bear case presented for long-dated US Treasuries shows foreign central bank demand declining due to European remilitarization, Japanese rate normalization, and Chinese decoupling.

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Global structural shifts threaten US Treasury demand · Zortix