US budget deficit approaches $2 trillion for fiscal year 2026 with one month remaining; annual interest payments hit record $1.4 trillion

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US budget deficit approaches $2 trillion for fiscal year 2026 with one month remaining; annual interest payments hit record $1.4 trillion

⚡ Markets: The widening deficit and soaring interest costs increase the supply of US Treasury bonds that the market must absorb, putting long-term upward pressure on yields and potentially crowding out private investment.US 10Y YieldUS 30Y YieldUSDGold

The US federal budget deficit reached $1.97 trillion through the first 11 months of the fiscal year, according to Treasury data. Annualized interest payments on the national debt have climbed to a record $1.4 trillion, highlighting growing fiscal pressures.

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2 sources across the spectrum

West RightZeroHedge — US 2026 Budget Deficit Hits $1.97 Trillion With One Month Left; Interest At Record $1.4 Trillion

Financial pressBloomberg — US 2026 Budget Gap Hits $1.97 Trillion With Month Left to Go

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