Given the context of the post, which is a link to a live speech by Donald Trump to the Michigan National Guard, the potential impact on the bond market is likely to be neutral. The speech's content, which is not directly provided in the post, would be crucial in determining any significant market movement. Historically, Trump's statements have had varying effects on financial markets, often depending on their clarity and relevance to economic policy. Without specific details on the speech's content, such as mentions of interest rates, fiscal policies, or international trade, it's challenging to predict a definitive direction for the bond market. The bond market is highly sensitive to interest rate changes and economic stability, and any hints at monetary policy adjustments or significant economic shifts could potentially influence bond yields and prices. However, based on the information provided, which lacks direct economic commentary, the impact is expected to be minimal. The market's reaction will largely depend on the speech's actual content and how it aligns with or deviates from current economic expectations and policies.