
The U.S. Treasury is facing significant financial activity with projections indicating that if rates remain stable, the U.S. will pay $1.7 trillion in interest payments over the next year. This week, the Treasury will auction $125 billion in notes and bonds, including $58 billion in 3-year notes, $42 billion in 10-year notes, and $25 billion in 30-year bonds. This series of auctions is considered a critical test of demand for U.S. government debt. Additionally, the Treasury's current rate of interest payout is approximately $2 million per minute, reflecting a high cost of debt servicing. Last year, investors earned nearly $900 billion in interest from U.S. government debt, a figure that has doubled compared to the average of the previous decade.
No no no no no. You and your kids and your grandkids are accruing approximately $2 million per minute of interest on its debt. https://t.co/MzCzo8fPIp
The US government is paying $2 million of interest a minute as rates stay high https://t.co/5hGiHtfXLR
US Treasuries are now paying out $2 million dollars PER MINUTE in interest ๐


