Budget Brief: Bond Yields Are Hiking Up The Cost Of Defense Spending

line graphs overlaying world map
Credit: Vyacheslav Lopatin/Alamy and Aviation Week
Global defense spending has exploded in recent years, driven by conflict and growing geopolitical instability. In total, worldwide spending is up 37% in real terms over just five years, rising to $2.8 trillion from $2.1 trillion. Through this period, rising spending on military capabilities has...
Craig Caffrey

Craig is the head of Aviation Week's defense data team responsible for managing the company’s defense databases and leading on related consultancy projects.

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Budget Brief: Bond Yields Are Hiking Up The Cost Of Defense Spending is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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