‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election October 25, 2024 +1 As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals NYT NYT > Business NYTimes yields on Treasury debt have risen. As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals NYT NYT > Business NYTimes yields on Treasury debt have risen.