Abdul El-Sayed: Bond Market Selloff Is A Ringing Alarm Bell About The Future Of The Economy Under Trump’s Mismanagement

Economists across the world are ringing alarm bells, fear crisis

MICHIGAN – Today, U.S. Senate Candidate for Michigan Abdul El-Sayed issued the following statement following the alarming global bond selloff, which has the potential to cripple economies across the world. 

“Yesterday’s bond market selloff is a ringing alarm bell about the future of the economy under Trump’s mismanagement. 

“Treasury bonds are the pillars of America’s economy. When they shake, the whole thing shakes. Traders are selling them off because they understand that Trump’s war of choice and trade war are making things more expensive, and he’s pressuring the Fed to keep it from doing its job despite the rising inflation he’s creating. It’s triggering a lack of trust from the market—and a selloff.

“Why’s he doing this? He’s risking the future of the economy itself to inject the economy with a temporary sugar high through the midterms for his political gain. What’s the consequence for us? 

“Everything is about to become a lot more expensive than it already is. Mike Rogers will say nothing because he’s corporate, corrupt, and a coward.”

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