The potential impact of Trump's statement on the bond market is likely to be neutral, as the proposal to reopen Alcatraz prison is primarily a domestic policy initiative that may not have significant direct implications for the bond market. However, the broader implications of Trump's law-and-order agenda could potentially influence market sentiment, particularly if it leads to increased government spending on law enforcement and corrections. Historically, Trump's statements on law-and-order issues have been met with a mixed reaction from the market, with some investors viewing them as a positive for domestic stability and others as a potential negative for social cohesion and economic growth. In terms of bond market specifics, the impact is likely to be minimal, as the proposal does not directly address fiscal policy, interest rates, or other key drivers of bond yields. Overall, the bond market is likely to remain focused on more traditional drivers of yield, such as economic data, monetary policy, and geopolitical events, rather than Trump's domestic policy initiatives.