Politics · September 25, 2026
The Memo: Rising bond yields, mortgage rates deepening gloom for Trump's GOP
Confidence 70%
Spin 25%
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Neutral Summary
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 enormo
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