https://www.live-feeds.com/feed/u-s-debt-is-set-to-hit-40-trillion-months-earlier-than-expected-as-bond-yields-riseContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/u-s-debt-is-set-to-hit-40-trillion-months-earlier-than-expected-as-bond-yields-risehttps://www.live-feeds.com/feed/u-s-debt-is-set-to-hit-40-trillion-months-earlier-than-expected-as-bond-yields-rise#u46043Fri, 21 Aug 2026 22:45:19 +0000United States federal debt exceeded $40 trillion this week, marking the first time the balance has reached this level. Treasury data indicates the debt has more than doubled over the last ten years. This surge stems from tax cuts and trillions in pandemic-era spending, which has increased national interest payments. The growth in debt coincides with the government issuing more Treasury bonds to fund a growing fiscal deficit, potentially increasing the cost of consumer borrowing for mortgages and auto loans.Why it mattersRising debt levels can crowd out private investment and increase borrowing https://www.live-feeds.com/feed/u-s-debt-is-set-to-hit-40-trillion-months-earlier-than-expected-as-bond-yields-risehttps://www.live-feeds.com/feed/u-s-debt-is-set-to-hit-40-trillion-months-earlier-than-expected-as-bond-yields-rise#u45554Thu, 20 Aug 2026 13:05:18 +0000The United States' national debt is nearing $40 trillion, months earlier than previously expected, as bond yields rise. This development has raised concerns among investors and economists, with Bank of America warning against bonds. The increasing debt has sparked fears about the potential impact on the economy, including crowding out private investment and harming families, students, and retirees.Why it mattersThe US national debt has been steadily increasing, with federal spending outpacing projections. The debt ceiling has been a contentious issue in the US, with lawmakers struggling t