US net interest costs for the fiscal year ending September reached $1,050 billion, up more than 8% from $970 billion a year earlier and about 3.2% of GDP, surpassing the record set in 1991. The rise reflects debt above $32,000 billion and an average Treasury interest rate of 3.52% at end-September, double the level of five years ago, so maturing debt must be refinanced at higher costs. Interest is now the federal government's third-largest expense, behind only Social Security and Medicare. Experts say it is not yet a crisis, given solid auction demand and nominal GDP growth above bond yields, but warn that rising debt and interest costs could create a snowball effect. The CBO projects debt-to-GDP could exceed 106% by 2030, while TD Securities estimates that a 1-percentage-point rise in yields could add $310 billion to 2027 interest costs.
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Original headline: Mỹ ghi nhận kỷ lục buồn chưa từng có: 'Quả bom' hơn 1.000 tỷ USD sắp phát nổ?
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Related tickers and likely impact
DXY
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 101.78 |
| Change that session | -0.20% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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