The announcement of an executive order to modernize workforce programs could have a positive impact on the bond market, as it suggests an effort to stimulate economic growth and improve the job market. Historically, Trump's statements on job creation and economic development have led to increased investor confidence, which can result in higher bond prices and lower yields. The focus on skilled trade jobs and career preparation may also lead to increased investment in education and training, potentially boosting the economy in the long term. However, the actual impact on the bond market will depend on the specifics of the executive order and how it is implemented. A successful rollout of the program could lead to increased economic growth, lower unemployment, and higher bond prices, while a poorly executed program could lead to increased market volatility and lower investor confidence. Overall, the announcement is likely to be viewed as bullish for the bond market, with a potential increase in investor confidence and a decrease in market volatility.