U.S. National Debt Reaches New All-Time High of $39.71 Trillion | FiscalData Report - News and Statistics - IndexBox

U.S. National Debt Reaches New All-Time High of $39.71 Trillion | FiscalData Report - News and Statistics - IndexBox

Source: IndexBox

DW NOTE

The U.S. government now owes $39.71 trillion — $117,000 per citizen, $307,000 per taxpayer. Ten-year yields have risen 6.35% in a month to 4.69%, meaning debt service costs are accelerating into a fiscal position that was already unsustainable at lower rates. Every 25 basis points higher costs the Treasury roughly $100 billion annually, and the bond market has added six times that in four weeks.

Read the full story at IndexBox →