El-Sayed Blames Trump for Global Bond Sell-Off in Michigan's 1 Senate Race
Updated
Updated · The Washington Post · Sep 2
El-Sayed Blames Trump for Global Bond Sell-Off in Michigan's 1 Senate Race
3 articles · Updated · The Washington Post · Sep 2
Summary
Abdul El-Sayed said President Donald Trump’s “mismanagement” drove this week’s global bond sell-off, injecting market turmoil into Michigan’s Senate contest.
Trump’s war of choice, trade war and pressure on the Federal Reserve are making goods more expensive and fueling inflation, El-Sayed said, arguing traders are selling bonds on that outlook.
The statement followed Vice President JD Vance’s intervention Monday, which sharpened the already bitter tone of the closely watched race.