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Barry Ritholtz

Got Bonds? Here's How Clinton and Trump Will Affect Them

Whichever candidate wins, expect to see ramped-up federal spending.
More where those came from.

More where those came from.

Photographer: Brendan Smialowski/AFP/Getty Images

Earlier this week, we discussed what the next president might mean for your portfolio. Today, I want to look at what the two candidates might mean for your bond holdings.

There are some very significant differences -- and surprising similarities -- between Hillary Clinton and Donald Trump. Whatever is going to occur, Congress is a key player in this. However, potential changes -- in debt level, in financing and ultimately in interest rates and the dollar -- could be significant.