BREAKING: Interest costs on US public debt rose +$139 billion YoY in the first 11 months of FY2026, or +12%, to a record $1.27 trillion.
This represents ~26% of total US government receipts.
This also marks the 6th consecutive annual increase, totaling +$784 billion, or +162%.
Interest expense on federal debt is now on track to surpass $1.30 trillion in a full fiscal year for the first time in history.
In August alone, the US government spent $98 billion on interest, or $3.2 billion a day.
The US government needs lower rates more than anyone.
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This represents ~26% of total US government receipts.
This also marks the 6th consecutive annual increase, totaling +$784 billion, or +162%.
Interest expense on federal debt is now on track to surpass $1.30 trillion in a full fiscal year for the first time in history.
In August alone, the US government spent $98 billion on interest, or $3.2 billion a day.
The US government needs lower rates more than anyone.
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This stock is going to run over everything in its path over the next 5 years.
My second largest position after bitcoin.
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My second largest position after bitcoin.
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The public often blames gasoline prices on the party of the president in power.
Accordingly, today's high gas prices might redound to the benefit of the Democrats:
High gas prices might hand them victory in the midterms.
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Accordingly, today's high gas prices might redound to the benefit of the Democrats:
High gas prices might hand them victory in the midterms.
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HUGE: Coinbase is in talks with the U.S. Treasury and Commerce Departments to advance the Strategic Bitcoin Reserve.
Itβs finally happening !!
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Itβs finally happening !!
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It's really annoying that we keep finding Roman dodecahedrons scattered across the Mediterranean and we just have literally no idea what they were used for
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These Japanese historical parades and festivals wouldn't look authentic with foreign migrants
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Media is too big
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This makes me sick to my stomach.
5,500 migrants, whoβve absolutely no connection with Ireland, have been given Irish citizenship today.
The Irish govt is a trying to wipeout our country, its people and its culture, and mainstream media is complicit.
Many of us are still fighting for Irelandβs future and we will NEVER give up
Please support our work:
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5,500 migrants, whoβve absolutely no connection with Ireland, have been given Irish citizenship today.
The Irish govt is a trying to wipeout our country, its people and its culture, and mainstream media is complicit.
Many of us are still fighting for Irelandβs future and we will NEVER give up
Please support our work:
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YEN CARRY TRADE UNWIND JUST GOT DELAYED!
Today, BOJ raised interest rates by 25 BPS and even called for more rate hikes.
Still, USD/JPY pumped and hit the 158 level for the first time in two weeks.
Typically, after a BOJ rate hike, USD/JPY falls, but this time it's the other way around.
And the reason is the Fed, which has also started its rate hike cycle.
When the Fed hikes rates, DXY gets strong, and the rate gap between the US and Japan goes up.
This results in yen devaluation, which keeps the yen carry trade alive and results in more liquidity for the global markets.
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Today, BOJ raised interest rates by 25 BPS and even called for more rate hikes.
Still, USD/JPY pumped and hit the 158 level for the first time in two weeks.
Typically, after a BOJ rate hike, USD/JPY falls, but this time it's the other way around.
And the reason is the Fed, which has also started its rate hike cycle.
When the Fed hikes rates, DXY gets strong, and the rate gap between the US and Japan goes up.
This results in yen devaluation, which keeps the yen carry trade alive and results in more liquidity for the global markets.
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Kristin Cabot has spoken out for the first time since the viral Coldplay kiss cam incident involving Astronomer CEO Andy Byron
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Recently encountered this fully ai-generated "golf influencer" very voluptuous blonde woman on Instagram Reels. Every video is ai golf swing with plenty of attention paid to the recoil of her body. 1.4 million followers, thousands of likes on every video. The future is scary
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AIs cracking short-term superforecasting is such an important (and, still, under-discussed) trend.
Via a new piece from nikostro
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Via a new piece from nikostro
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Memphis police arrested 13 people after catching them unloading more than $250,000 worth of stolen fried chicken from an 18-wheeler behind a motel. Officers also recovered guns, fentanyl and cocaine
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The biggest predictor of a guy getting served divorce papers is the guy losing his job
That's pretty much all you need to know about marriage or women
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That's pretty much all you need to know about marriage or women
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BREAKING: Lindsay Clancy holdout juror Michael Desronvil is revealed to be a MAGA Republican, according to his attorney
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Once again, every single person who puts god in bio on twitter is a communist scammer larping as right-wing
Every single time
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Every single time
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