U.S. debt is even worse than it seems, and rising Treasury yields are now an all-hands-on

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Intelligence Network • Data Science • AI Research • World News
Published: 2026-09-07T08:50:27.817Z • Permanent link

U.S. Treasury Secretary Janet Yellen is facing a mounting crisis over the country's rapidly growing debt burden. According to new data released by the Treasury Department, the U.S. national debt has surpassed $31.4 trillion, a record high that has sparked concerns among economists and policymakers. The debt-to-GDP ratio has also reached a critical level, exceeding 130%, which is a warning sign of potential economic instability.

In a recent speech, Yellen acknowledged the growing concerns over the national debt and announced a new plan to address the issue. The plan includes a combination of spending cuts and tax increases, which are expected to take several years to implement. However, some critics argue that the plan is too little, too late, and that the U.S. needs a more comprehensive approach to address the growing debt burden.

Experts at the Bipartisan Policy Center, a think tank based in Washington, D.C., have been warning about the dangers of the growing national debt for months. In a recent report, they estimated that the U.S. would need to raise taxes by over $2 trillion per year to keep the debt-to-GDP ratio under control. The report also highlighted the need for spending cuts and other reforms to address the growing debt burden.

The growing national debt is having a significant impact on the U.S. financial markets. Rising Treasury yields are becoming increasingly expensive, making it more costly for the U.S. government to borrow money. This is causing concern among investors and economists, who are worried that the rising costs of borrowing could slow down the economy.

The growing national debt is also affecting companies that rely on the U.S. government for funding. Many companies, including technology startups and established corporations, are struggling to access capital due to the rising costs of borrowing. This is having a ripple effect throughout the economy, as companies are forced to reduce spending and invest less in new projects.

Research communities and policymakers are closely watching the growing national debt, as it has significant implications for the global economy. The International Monetary Fund (IMF) has been warning about the dangers of the growing national debt, and has called for policymakers to take action to address the issue. The IMF estimates that the U.S. national debt could reach 150% of GDP by 2025, which would put the country at risk of default.