A second Donald Trump (left) presidency would be bad for bonds, said investor Bill Gross.
James Devaney for GC Images; Tim Rue for Getty Images
- Bill Gross warned that a second Trump presidency could harm bond markets.
- Gross highlighted that Trump's tax cuts and spending programs would worsen the fiscal deficit.
- The candidates have put forward very different tax plans on their presidential agendas.
Donald Trump winning the presidential election would be bad news for the bond markets...