[Wall street district in New York City with USA flags in the background] FilippoBacci What are the best defensive stock plays right now? Seeking Alpha analysts Leo Nelissen [https://seekingalpha.com/author/leo-nelissen], Long Player [https://seekingalpha.com/author/long-player], and Andrew Hecht [https://seekingalpha.com/author/andrew-hecht] weigh in. Leo Nelissen [https://seekingalpha.com/author/leo-nelissen]: I'm careful with the “classic” defensive playbook in this market. With inflation running hot and yields elevated, long-duration bond proxies like the iShares 20+ Year Treasury Bond ETF (TLT [https://seekingalpha.com/symbol/TLT]) and expensive consumer staples can still get hit when rates move higher.
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