The U.S. Treasury is facing significant financial activity with projections indicating that if rates remain stable, the U.S. will pay $1.7 trillion in interest payments over the next year. This week, the Treasury will auction $125 billion in notes and bonds, including $58 billion in 3-year notes, $42 billion in 10-year notes, and $25 billion in 30-year bonds. This series of auctions is considered a critical test of demand for U.S. government debt. Additionally, the Treasury's current rate of interest payout is approximately $2 million per minute, reflecting a high cost of debt servicing. Last year, investors earned nearly $900 billion in interest from U.S. government debt, a figure that has doubled compared to the average of the previous decade.
No no no no no. You and your kids and your grandkids are accruing approximately $2 million per minute of interest on its debt. https://t.co/MzCzo8fPIp
The US government is paying $2 million of interest a minute as rates stay high https://t.co/5hGiHtfXLR
US Treasuries are now paying out $2 million dollars PER MINUTE in interest 👀
The US Treasury is minting cash at an unprecedented rate of $2 million per minute 👀🐸 https://t.co/D30S7nUllC
NEW: In the last year, investors made almost $900 billion in annual interest from US gov. debt, double the previous decade's average 👀 In March alone, the Treasury Dept. paid out ~$89 billion in interest to debt holders, roughly $2 million every minute 😮 https://t.co/nEEiQ0PhzA
"Last year, investors pocketed nearly $900 billion in annual interest from US government debt, double the average over the previous decade."
In March, the Treasury Department paid out about $89 billion in interest to debt holders — or roughly $2 million per minute. https://t.co/4BCxcKawlM
US pays $2 million of interest on their debt PER MINUTE and you think #Bitcoin has a top?!
Last year investors pocketed nearly $900 billion in annual interest from US government debt, which is set to rise as over 90% of Treasuries carry coupons of 4% or more. Nice piece on the positive ramifications for investors of higher rates https://t.co/fZw1cq0Vup via @markets
#TreasuriesToday: Yields lower by 2bp-4bp inside Friday's ranges, which included lowest 2Y-10Y since mid-April. Swaps almost fully price in 2 Fed rate cuts by year-end, beginning as early as Sept. Ahead this week: $58b 3Y Tues, $42b 10Y Weds, $25b 30Y Thurs (all new issues).
At $2 Million Per Minute, Treasuries Mint Cash Like Never Before - BBG https://t.co/fftUM3v6pk
There's $125B of notes and bonds on auction this week by the US Treasury! - $58B of 3-year notes on Tuesday - $42B of 10-year notes on Wednesday - $25B of 30-year bonds on Thursday It will be a milestone test for US government debt demand. https://t.co/BIYtv2A2EL
At $2 Million Per Minute, Treasuries Mint Cash Like Never Before https://t.co/8ovn66Erh6
BREAKING 🚨: U.S. Federal Debt If rates remain stable over the next year, the U.S. will pay a total of $1.7 trillion in interest payments in the 12 months through April 2025. https://t.co/Ny1jF75qKf
$10 billion in interest a year ain’t bad https://t.co/7lNSglMtQN