BW BWX SPDR Bloomberg Barclays International Treasury Bond ETF Loading... : Bullish and Bearish Analyst Opinions

BWX Technologies has struck a deal to license its small modular reactor design after activist investor Ananym pushed the company to consider commercializing it.

Speaker states, "We have not had a treasury position in three or four years... no sovereign long duration debt at all outside of... in the DM developed markets." In a global growth long cycle with rising commodity prices and fiscal spending, the environment is hostile for long-duration sovereign bonds. The "EMification" theme also suggests higher term premium for US debt. Explicit, multi-year avoidance of an entire asset class (DM sovereign bonds) based on the core macro framework. A severe, deflationary global recession causing a flight to quality into government bonds.