Overview
- The tally lifts the debt-to-GDP ratio above 120%, with GDP estimates near $30 trillion, according to federal dashboards.
- Treasury data show annual interest payments topping $1 trillion, reportedly exceeding current U.S. defense outlays.
- Over 70% of the debt is held domestically, while Japan, China and the United Kingdom remain the largest foreign holders.
- Janet Yellen and market analysts warn that debt pressures could keep short-term rates low even as longer-dated Treasury yields rise, steepening the curve.
- Gold surged about 60% in 2025 and analysts say bitcoin could benefit next, with added risks flagged in rising household delinquencies and roughly $930 billion of 2026 commercial real-estate maturities.