US debt surge and rising rates spark warnings of lasting burden

MSN
2026.06.02 16:55
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The US national debt has surged to a record $39 trillion, with daily compounding of $7.39 billion and annual interest costs exceeding $1 trillion. Concurrently, 30-year Treasury yields hit a 17-year high of 5.19%, increasing borrowing costs for mortgages and business loans. Experts warn that reliance on foreign capital poses risks; falling demand for Treasurys could further drive up rates and weaken the dollar.