To secure their countries in uncertain times, governments around the globe are set to increase defence budgets to a size that has been rarely achieved in a generation. Strained public finances suddenly present an immediate barrier to the security of the public and key players in the capital markets are rushing to act, writes Elias Wilson
US Treasuries have long been the foundational asset underpinning the global financial system. But recent policy proposals from the White House have shaken this foundation, and what this means for capital markets participants seems perilously uncertain, writes Elias Wilson
