content area Part 1 In a far away country, an extremist politician is elected as President. There is lots of speculation in the international financial press about what this election will mean for bond yields of the far away country. Which of the following headlines in the financial press is logically coherent in light of the demand and supply model of the bond market from class? A. "Election of new President means erosion of wealth. Bond prices will likely shoot up!" B. "Election of new President means large fiscal deficits. Bond prices will likely shoot up!" C. "Election of new President means large fiscal deficits. Bond yields will likely shoot up!" D. "Election of new President means erosion of wealth. Bond yields will likely fall