The Memo: Rising bond yields, mortgage rates deepening gloom for Trump's GOP
Rising bond yields and mortgage rates are creating economic challenges that may negatively impact the GOP's prospects in the upcoming midterm elections.
Hard numbers on the economy are spelling new trouble for President Trump and the GOP in the midterm elections. They also presage difficulties for millions of Americans. The central issue is one that rarely commands headlines in normal times: bond yields. The bond market is enormous but, usually, sleepy. That has changed recently — including...
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