Latest / The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Debt To GDP Ratio Matters More Than The Total Number
The US federal debt has surpassed thirty-nine trillion dollars, yet the debt-to-GDP ratio has actually dipped to 121.2 percent as of April 2026. In this episode, we unpack why this structural shift is happening and what it means for long-term fiscal policy. We look at how economic growth is currently outpacing deficit spending, creating a temporary reprieve that many investors are missing. With the ten-year Treasury yield hovering near 4.95 percent and job openings rising in September, we explore whether this expansion can sustain itself or if the interest costs will eventually overwhelm the…
The skinny
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