The ugly math on interest expenses, yields and the $40 trillion U.S. national debt

Why it matters

Rising interest expenses on the $40 trillion U.S. national debt represent a significant monetary-policy signal with broad implications for fiscal sustainability, credit markets, and borrowing costs, directly affecting credit professionals' risk assessments and pricing.

Sources

• MarketWatch

  The ugly math on interest expenses, yields and the $40 trillion U.S. national debt

  “The interest payments are starting to snowball,” said Joe Boyle at Hartford Funds.