Massie loses primary as Trump's endorsements go 37-0
Trump's political grip on the Republican Party is still strong, which is bad news for Republicans who want to break from him.
- Thomas Massie lost his Kentucky primary to a Navy SEAL Trump backed, after $32 million was spent on the race.
- Trump's endorsed candidates have now won 37 races in a row this cycle, across Pennsylvania, Alabama, Kentucky, Georgia, and other states.
- Massie had been a fan favorite but turned on Trump by voting against the big spending bill and pushing back on Israel policy, and voters punished him.
- Only older voters backed the Trump-picked winner; younger voters stuck with Massie, hinting the gap could shrink in future elections.
- Bond markets are flashing warning signs at the same time, with US 10-year yields up sharply and 30-year yields at a 19-year high.
Outlook: Trump's endorsement will keep deciding Republican primaries heading into the midterms, but rising bond yields could squeeze the spending agenda voters just backed.