The Memo: Bond market turmoil heightens midterm risks for Trump and GOP
Turbulence in the bond markets, fueled primarily by rising anxiety about government debt, is creating one more headwind for President Trump and the GOP as they move toward challenging midterm elections.
Bond yields ticked up again on Tuesday, with the yield on the U.S.
Treasury 10-year note hitting its highest point since January 2025.
The...
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