Loading ...Sounds like it touched 3% and they are using that as an excuse for the drop today. Last summer the week of July 4th 2016 the rate was 1.4%. Now its double near 3%.
There was absolutely no reason for the Bond rate to go up until Trump started campaigning. With all that optimistic news. And or the Fed manually drove it up so as to have some “rate ammo” to drop in the next recession. The falling Dow may be predicting that recession.