{"id":51454,"date":"2026-09-20T14:30:56","date_gmt":"2026-09-20T14:30:56","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=51454"},"modified":"2026-09-20T14:30:56","modified_gmt":"2026-09-20T14:30:56","slug":"us-interest-payments-on-public-debt-hit-record-1267362000000-through-august","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=51454","title":{"rendered":"US Interest Payments on Public Debt Hit Record $1,267,362,000,000 Through August"},"content":{"rendered":"<p><img decoding=\"async\" width=\"1024\" height=\"600\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2023\/04\/money-014.jpg?resize=1024,600\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" loading=\"lazy\" \/><\/p>\n<p>Interest costs on US public debt have climbed to a record pace this fiscal year.<\/p>\n<p>The US Treasury <a href=\"https:\/\/fiscaldata.treasury.gov\/static-data\/published-reports\/mts\/MonthlyTreasuryStatement_202608.pdf\" rel=\"noopener\" target=\"_blank\">says<\/a> gross interest on Treasury debt securities reached $1.267 trillion in the first 11 months of fiscal 2026, through August.<\/p>\n<p>That is up from about $1.124 trillion in the same stretch of fiscal 2025. August alone carried $97.769 billion in gross interest outlays, or more than $3.15 billion a day.<\/p>\n<p>With one month left in the fiscal year, the run rate points past $1.3 trillion for a full year for the first time, <a href=\"https:\/\/x.com\/KobeissiLetter\/status\/2101000308453240891\">says<\/a> The Kobeissi Letter on X.<\/p>\n<p><em>\u201cBREAKING: Interest costs on US public debt rose +$139 billion YoY in the first 11 months of FY2026, or +12%, to a record $1.27 trillion.<\/em><\/p>\n<p><em>This represents ~26% of total US government receipts.<\/em><\/p>\n<p><em>This also marks the 6th consecutive annual increase, totaling +$784 billion, or +162%\u2026<\/em><\/p>\n<p><em>The US government needs lower rates more than anyone.\u201d<\/em><\/p>\n<figure class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/HShApV0XcAAqjcg?format=jpg&amp;name=medium\" alt=\"Image\" width=\"1200\" height=\"967\" \/><figcaption class=\"wp-caption-text\">Source: The Kobeissi Letter\/X<\/figcaption><\/figure>\n<p>Total public debt <a href=\"https:\/\/fiscaldata.treasury.gov\/datasets\/debt-to-the-penny\/debt-to-the-penny\" rel=\"noopener\" target=\"_blank\">stood<\/a> near $40.200 trillion at the end of August, leaving interest among the largest federal budget lines as older low-rate debt rolls into higher coupons.<\/p>\n<p>While the Kobeissi Letter <a href=\"https:\/\/x.com\/KobeissiLetter\/status\/2100947209948700885\" rel=\"noopener\" target=\"_blank\">says<\/a> the US needs lower rates to reduce interest expense, investors appear to be expecting another hike next month.<\/p>\n<p><em>\u201cBREAKING: The Fed is now expected to hike interest rates again in October, with markets pricing in a 53% chance.<\/em><\/p>\n<p><em>Last year, markets were expecting 3 interest rate cuts by October 2026.<\/em><\/p>\n<p><em>If the Fed hikes again next month, rates will be +125 basis points higher than they were expected to be.\u201d\u00a0<\/em><\/p>\n<p><em><span>Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span>Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<div class=\"dianomi_context\" data-dianomi-context-id=\"736\"><\/div>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span>Generated Image: Midjourney<\/span><\/em><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/2026\/09\/20\/us-interest-payments-on-public-debt-hit-record-1267362000000-through-august\/\">US Interest Payments on Public Debt Hit Record $1,267,362,000,000 Through August<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/\">The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Interest costs on US public debt have climbed to a record pace this fiscal year. The US Treasury says gross interest on Treasury debt securities reached $1.267 trillion in the first 11 months of fiscal 2026, through August. That is up from about $1.124 trillion in the same stretch of fiscal 2025. August alone carried [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51455,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-51454","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US Interest Payments on Public Debt Hit Record $1,267,362,000,000 Through August - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=51454\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Interest Payments on Public Debt Hit Record $1,267,362,000,000 Through August - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Interest costs on US public debt have climbed to a record pace this fiscal year. 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