US government debt = $31.5 trillion 🇺🇸

10y yield is 4%

= $1.26 trillion interest payments to finance the debt.

US Defence budget is $0.81 trillion

Debt-to-GDP = 134%

Deficit in 2021 = $2.77 trillion

28% of UST debt is maturing within 1 year

52% of UST debt is maturing within 3 years

Debt spiral 🌀