Skip to content
UPROARNEWS NETWORK
DATA

$40 TRILLION IN NATIONAL DEBT, AND THE INTEREST BILL IS COMPOUNDING

Joe Boyle at Hartford Funds says the payments are snowballing — the cost of carrying the debt is now moving with yields, not just with the borrowing itself.

Uproar card: $40 TRILLION IN NATIONAL DEBT, AND THE INTEREST BILL IS COMPOUNDING
Published Aug 26, 2026, 12:01 PM CDT.

🔴 $40 trillion. That is the size of the U.S. national debt, and the cost of carrying it is the part getting louder.

MarketWatch — top stories reports on the math linking interest expenses, bond yields and that $40 trillion pile.

The line that stands out comes from Joe Boyle at Hartford Funds: "The interest payments are starting to snowball."

Here is why that phrasing matters. Debt does not cost the same forever. As older borrowing rolls over, it gets refinanced at whatever yields the market is demanding at that moment. A bigger pile plus higher yields does not add — it multiplies.

That makes interest expense one of the few budget lines nobody in Washington directly controls. Bond investors set it.

We are holding this one to what the reporting says. MarketWatch — top stories is the source, the debt figure is $40 trillion, and the snowball line is Boyle's.

Do you think Treasury yields go higher from here, or lower?

#nationaldebt #bonds #treasuryyields #macro #causeanuproar

First reported by

MarketWatch — top stories

Read the full story at MarketWatch — top stories

We summarise and credit. The full account lives with the outlet that reported it.

Approved for publication by yousuf_19762.

More DATA