The announcement of a revamped Homeland Security Advisory Council, comprised of top experts in their field, is likely to have a minimal direct impact on the bond market. Historically, Trump's statements on homeland security and immigration have had limited influence on bond yields and prices. However, the emphasis on securing borders and stopping the flow of illegal drugs could have indirect implications for trade and economic policies, which may affect market confidence and volatility. The appointment of new council members, including South Carolina Governor Henry McMaster and Mark Levin, may also signal potential future regulatory changes, but this is unlikely to have a significant impact on the bond market in the short term. Overall, the post is more focused on Trump's domestic policy agenda than on economic or financial issues, and therefore is unlikely to cause significant market movements.