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Connect scattered updates into a story you can understand.
PANews, citing Bloomberg, reported that U.S. 2026 fiscal-year federal government net interest expense was 1050000000000 USD, up more than 8%from the previous fiscal year. The report believes that a rising interest burden may constrain fiscal capacity to respond to economic shocks.
BlockBeats, citing The New York Times, reported that in the US 2026 fiscal year, the federal budget deficit was 1990000000000 USD, expanding from the previous fiscal year; rising spending, interest costs, and declining corporate tax revenue created pressure.
IMF said that relying solely on U.S. economic growth would make it difficult to quickly ease the worsening government debt and fiscal deficits, and that additional measures are needed to improve fiscal conditions.
In an Axios interview, U.S. Treasury Secretary Bessent said that the recent rise in U.S. Treasury yields is consistent with global trends, with no sign of funds shifting from U.S. Treasuries into German or Japanese government bonds; he also played down concerns about the AI bubble.
U.S. Treasury Secretary Bessent said that after the expansion of repurchase operations, the 30-year U.S. Treasury yield did not rise noticeably, core inflation indicators did not increase, and energy supply shocks will be monitored.
