The Memo: Rising bond yields, mortgage rates deepening gloom for Trump's GOP

Global Business Sun, 27 Sep 2026 09:59:32 GMT Moderate confidence — 71/100

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.

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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.

Sources: The Hill