Defense spending must increase given NATO's 5% GDP target and security pressures. Defense stocks have further room to grow even though recent buying has been muted. Hargreaves Lansdown investors hold significant positions in Rolls-Royce and BAE Systems, and those names are well-positioned as defense budgets rise and the nature of spending evolves.
Defense spending must increase given NATO's 5% GDP target and security pressures. Defense stocks have further room to grow even though recent buying has been muted. Hargreaves Lansdown investors hold significant positions in Rolls-Royce and BAE Systems, and those names are well-positioned as defense budgets rise and the nature of spending evolves.
Clients are buying long-dated UK gilts (2056, 2061) because yields to maturity are tempting at mid-fives, and low-coupon long-dated bonds offer capital gains tax-free returns. Despite volatility, the gradual pull to par and tax advantage make them attractive for investors.