Former President Donald TrumpScott Olson/Getty ImagesLong-dated Treasury yields soared after the presidential debate last Thursday.The moves indicate the bond market reacting to a higher probability of a Trump presidency, Ed Yardeni said.Moves in nominal and real yields indicate forecasts of higher inflation and stronger growth, he noted.The world's biggest financial market is swaying after Thursday's presidential debate, as the odds of a second Donald Trump presidency jumped among forecasters.US Treasury yields surged and prices dropped following the first debate, indicating investors are starting to price in a Trump victory in November, market veteran Ed Yardeni wrote in a note."The 10-year Treasury yield rose from 4.29% on Thursday afternoon to 4.48% today, the highest level since May 31," he wrote on Monday.