Treasury
3-MO 3.96% +1bp 6-MO 4.08% -1bp 1-YR 4.14% -1bp 2-YR 4.33% -4bp 3-YR 4.36% -4bp 5-YR 4.43% -3bp 7-YR 4.55% -3bp 10-YR 4.69% -2bp 20-YR 5.18% -2bp 30-YR 5.16% -1bp 3-MO 3.96% +1bp 6-MO 4.08% -1bp 1-YR 4.14% -1bp 2-YR 4.33% -4bp 3-YR 4.36% -4bp 5-YR 4.43% -3bp 7-YR 4.55% -3bp 10-YR 4.69% -2bp 20-YR 5.18% -2bp 30-YR 5.16% -1bp 3-MO 3.96% +1bp 6-MO 4.08% -1bp 1-YR 4.14% -1bp 2-YR 4.33% -4bp 3-YR 4.36% -4bp 5-YR 4.43% -3bp 7-YR 4.55% -3bp 10-YR 4.69% -2bp 20-YR 5.18% -2bp 30-YR 5.16% -1bp 3-MO 3.96% +1bp 6-MO 4.08% -1bp 1-YR 4.14% -1bp 2-YR 4.33% -4bp 3-YR 4.36% -4bp 5-YR 4.43% -3bp 7-YR 4.55% -3bp 10-YR 4.69% -2bp 20-YR 5.18% -2bp 30-YR 5.16% -1bp 3-MO 3.96% +1bp 6-MO 4.08% -1bp 1-YR 4.14% -1bp 2-YR 4.33% -4bp 3-YR 4.36% -4bp 5-YR 4.43% -3bp 7-YR 4.55% -3bp 10-YR 4.69% -2bp 20-YR 5.18% -2bp 30-YR 5.16% -1bp 3-MO 3.96% +1bp 6-MO 4.08% -1bp 1-YR 4.14% -1bp 2-YR 4.33% -4bp 3-YR 4.36% -4bp 5-YR 4.43% -3bp 7-YR 4.55% -3bp 10-YR 4.69% -2bp 20-YR 5.18% -2bp 30-YR 5.16% -1bp
US Treasury par yield curve · Jul 24 · Source: U.S. Treasury
Sunday, July 26, 2026
U.S. Edition
Cape Coral

Cape Coral took down its 250-foot flag three weeks after raising it, and the $420,000 donor-funded project's recurring cost is the part the city still carries

Close macro of pleated red, white and navy cotton bunting, the coarse woven texture of each fold catching soft light.
Photo: Tara Winstead / Pexels

Cape Coral took the American flag down from its 250-foot flagpole at Bernice Braden Park on Saturday, July 25, after city staff found damage to the flag. Austin Schargorodski reported the removal for WINK News, and Gracie Fusco reported from the site as neighbors watched the pole stand empty at the foot of the Cape Coral Bridge.

According to the city, staff identified what they first believed was a problem with a leader line, and on closer inspection determined it was an issue with an eyelet on the flag, the metal ring that secures it to the rigging. The city says the flag was lowered in accordance with the U.S. Flag Code so staff could fully assess the situation and coordinate with the manufacturer, and that it understands the community's frustration and is committed to getting the flag back up as quickly and as safely as possible.

The flag had been flying since July 4, 2026, when the city raised it at a public ceremony at the park. The city describes the pole as the tallest free-standing American flagpole in Florida and the project as community funded.

Whether the current flag is repaired or replaced has not been settled. The city says the original contract includes two flags and that a replacement is already on its way, arriving on the manufacturer's timeline. No date has been given for the flag returning to the pole.

The pole was not a quiet approval. Cape Coral City Council voted 5-3 on March 25 to award a $420,000 contract covering design, fabrication and installation to Dynamic South Inc., a project proposed and led by City Manager Michael Ilczyszyn to mark the country's 250th anniversary. Evan Williams reported the award for Gulfshore Business and Meghan Bradbury for the Cape Coral Breeze.

The financing is the reason it cleared. The project was paid for through private donations rather than the city budget, with more than $281,000 raised by the time of the vote, and Ilczyszyn told the council that an unnamed donor had placed about $141,400 in escrow to cover the remaining amount. Fundraising continued through July 4.

Councilmembers Rachel Kaduk, Jennifer Nelson-Lastra and Keith Long voted against it, with the objections centering on ongoing maintenance costs and on what the city should be spending attention on. Kaduk said the city government should address core concerns such as public safety and infrastructure, not building the largest flagpole in Florida. The Cape Coral Breeze reported an estimated annual maintenance cost of $15,000 to $16,000 for the pole when the award was debated.

Neighbors interviewed by WINK were more patient than pointed. Jim Boswell, who noticed the damage before the flag came down, said it was hanging from the lower corner and definitely looked distressed, and added that the sooner it gets fixed the better, but that the city should not rush it.