Trump promised ‘rocket fuel.’ The economy got a ‘big yawn’ housing bill and higher debt than defense costs instead
- Posted on August 1, 2026
- By Fortune
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- 1 min read
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Trump promised ‘rocket fuel.’ The economy got a ‘big yawn’ housing bill and higher debt than defense costs instead
Trump promised rate cuts; instead 10-year Treasury yields topped 4.7% and 30-year mortgage rates sit at 6.66%.
