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Shares of space-related companies are trading lower as U.S. inflation data fuel a spike in bond and Treasury yields, with expectations for interest rates to remain elevated. Monetary tightening and elevated borrowing costs pose a material threat to the sector from curtailed corporate and government financing of cosmic communications, AI compute, and exploration.

Benzinga Newsdesk
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ASTSBKSYFJETFLYIRDMLUNRMARSMDANASAPLRDWRKLBSATLSIDUSPCESPCXSPIRUFOVELOVOYGVSATYSS
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