Dollar benefits reach one trillion dollars
U.S. government debt interest expenses reached a record high during fiscal year 2026, amounting to $1.05 trillion. This increase raises the share of interest payments from federal revenues and threatens to worsen the American debt, which has exceeded $32 trillion—about $10 trillion higher than five years ago. The rise in interest rates, which averaged 3.52% in September, has significantly increased borrowing costs, with Treasury bond yields approaching 5%. Despite strong demand for debt, financial experts warn that rising payments heighten financial risks, especially with expectations of further interest rate hikes, which could trigger a financial crisis if lenders withdraw from financing.
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