European defense stocks hit record and government bond prices fall on bets of more military spending - MarketWatch
1. Defense stocks surged as European nations boost military spending expectations. 2. Saab AB and Germany's Rheinmetall saw significant stock gains. 3. NATO advocates higher GDP defense spending, fears of U.S. withdrawal from support. 4. Increased military budgets will pressure government bonds, raising yields. 5. Goldman Sachs predicts E.U. may require additional financing for defense.