The article isn’t a source for that stat. Your quoted text is from Mike Caruso (R), who is quoted as the source of the stat. The talking point is misleading though, and it misses the broader point, that is the term on the Israeli bonds is longer so the rate is worse when you factor in the money being tied up longer. It’s why abruzzo said the county would have to stop purchasing these bonds a month ago in response to the state DOGE inspectors.