U.S. Debt Climbs $10B Daily, $125B Treasury Auction Amid $26T Market Shake-Up

The U.S. government's financial practices have been under scrutiny as it continues to accumulate significant debt, with recent figures indicating an addition of $100,000 in federal debt every second over the last year, totaling $10 billion per day since March 1st. This amounts to $417 million per hour, $6.9 million per minute, and $115,740 per second. This alarming rate of borrowing necessitates frequent Treasury auctions to manage the debt, with $125 billion in notes and bonds scheduled for auction this week alone. These include $58 billion of 3-year notes, $42 billion of 10-year notes, and $25 billion of 30-year bonds, marking a critical test for U.S. government debt demand amid a shaken $26 trillion U.S. Treasury market influenced by actions from China, Japan, and the Federal Reserve.