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The Zhitong Finance App learned that according to data released by the US Treasury Department on Friday, the US federal government's fiscal deficit widened to nearly 2 trillion US dollars in fiscal year 2026, maintaining this high level for the fourth year in a row. As the yield on US Treasury bonds rose and the size of government debt continued to expand, interest expenses hit a record high, further increasing the pressure on the US fiscal system. Meanwhile, the share of US public debt to gross domestic product (GDP) is expected to break historical records in the next few years.
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The Zhitong Finance App learned that according to data released by the US Treasury Department on Friday, the US federal government's fiscal deficit widened to nearly 2 trillion US dollars in fiscal year 2026, maintaining this high level for the fourth year in a row. As the yield on US Treasury bonds rose and the size of government debt continued to expand, interest expenses hit a record high, further increasing the pressure on the US fiscal system. Meanwhile, the share of US public debt to gross domestic product (GDP) is expected to break historical records in the next few years.
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