The Atlanta Fed's estimate has steadily fallen since starting at 4.2 percent on Jan. 29.
A rising budget deficit, faster inflation and more Fed rate increases make Treasuries riskier to own.
Passage of a long-anticipated U.S. tax overhaul has up-ended the bond market's favorite trade of the year.
Rock-bottom bond yields around the world remain the biggest obstacle for many pensions.
Low cost services bought through apps have upended retailers.
JP Morgan analysts push back forecast for tax cuts under Donald Trump.
Republican control of the presidency and Congress reduces the chances of a standoff over the budget, Fitch Ratings says.
The economy is displaying considerable strength, says Philly Fed president Patrick Harker.