Bloomberg News: US Debt Interest Bill Rockets Past a Cool $1 Trillion a Year
Article by Ruth Carson and Mark Cudmore in Bloomberg News
US Treasuries may face renewed selling pressure into the new year if one measure of the nation’s swelling debt repayment bill is any guide.
Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows.
That projected amount has doubled in the past 19 months from ......