US national debt exceeds 40 trillion dollars

The United States national debt has surpassed 40 trillion dollars, marking a doubling of the total figure over the past decade. This milestone follows a period of sustained borrowing and rising fiscal obligations. Simultaneously, the interest rate on 30-year government bonds recently reached its highest level in nearly two decades, increasing the cost of servicing this debt. Market participants are monitoring how elevated bond yields impact future federal budget projections and debt servicing costs.