Escalation: U.S. National Debt Exceeds $40 Trillion
Total public debt outstanding moved above $40 trillion for the first time. It stood at $40.047 trillion, roughly $40.05 trillion when rounded. Of that, $32.266 trillion was debt held by the public and $7.782 trillion was intragovernmental holdings.
The total is up from about $37.2 trillion a year earlier. The milestone came four years and seven months after the $30 trillion mark in January 2022. Earlier projections had placed the $40 trillion threshold in 2028.
Treasury yields were elevated around the milestone. The 30‑year rate touched 5.33% intraday on August 17, the highest since June 2007.
Synthesized from 39 sources
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AI-synthesized from multiple reported sources
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