Trump said he would give $5,000 to every American if Republicans win the
midterms, injecting fresh uncertainty into the Treasury market before Thursday’s
$22 bln sale of 30‑year debt due 2056. Yields traded in a narrow range after the
pledge; Trump provided no details and the proposal is viewed as unlikely to
become law. The comments revived concerns about U.S. fiscal discipline and
policy unpredictability as 30‑year yields approach levels last seen during the
global financial crisis. Earlier Treasury plans to buy up to $6 bln of
longer‑dated debt in a single operation had disappointed some investors. Market
focus is on Thursday’s 2056 auction and this week’s CPI print.
