US National Debt Nears $40T as Treasury Market Draws Focus
The milestone focuses attention on borrowing needs, Treasury issuance and investor demand rather than creating a standalone signal for risk assets.
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The milestone focuses attention on borrowing needs, Treasury issuance and investor demand rather than creating a standalone signal for risk assets.
The milestone lands just months after the $39T mark, the steepest sub-trillion pace outside of crisis-era spending and a structural backdrop Bitcoin bulls frame as the macro case for hard-currency…
The trajectory shows debt doubling inside a decade, with the steepest single-year jumps landing in 2020 and the post-2022 fiscal expansion.
U.S. interest payments on public debt have reached a record $616 billion, and the trajectory is accelerating: costs are…