US debt reaches one trillion dollars threatening crisis

Government US debt interest expenses rose to a record high during fiscal year 2026, with net interest costs reaching $1.05 trillion, an increase of nearly 8% compared to 2025. This rise reflects an increase in the debt burden, which exceeds $32 trillion, along with the average interest rate on Treasury bonds climbing to 3.52%, now approaching 5% as Treasury yields reach high levels. These current expenses are among the largest items in federal spending and exert additional pressure on the US budget, with expectations that costs will accelerate and lead to worsening debt levels, despite economists' view that the economy remains strong. However, the rising debt and interest costs could pose future economic risks.

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