Topic

defense-bonds

A collection of 2 issues

European Defence Bonds: A Blueprint

German pension funds hold US Treasuries because no qualifying European alternative exists. This piece explains what it would take to build one — and why the window to do it is open now.

The Trillion Euro Question: Where Are German Pensions Safe?

Over one trillion euros in German retirement capital. US Treasuries are now the largest foreign sovereign bond holding in German institutional portfolios. Trump just questioned NATO's future. Where are these assets safe?