The total public debt of the U.S. has reached $40.55 trillion as of November 4, 2026. This figure represents an increase of approximately $2.5 trillion over the past year. Of the total, $32.77 trillion is held by the public, while $7.79 trillion is owed to government accounts. Net interest costs for fiscal 2026 reached a record $1.05 trillion, with the average rate on interest-bearing debt at 3.5%. The increased supply of Treasury securities is putting upward pressure on yields, with the 10-year note at 4.86% and the 30-year bond at 5.26%.
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