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 🌀
