US Debt-Servicing Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck

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– US Debt-Servicing Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck:

If the current ~4.5% average yield curve rate propagates to all $31 trillion worth of debt, we are looking at $1.4 trillion per year just in interest payments. This would be 29% of the 2022 FY total Federal tax receipt.

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