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A Key National Debt Measure Is Still Favorable—for Now
An electronic billboard displays the current U.S. National debt on August 30, 2026, in Washington, DC.Credit: Photo by Jemal Countess / Getty Images for the Peter G. Peterson FoundationKey TakeawaysDespite a rise in yields on 10-year Treasurys, the interest rate the government pays on the national debt remains below the economy’s growth rate.As long as economic growth outpaces Treasury yields, debt as a proportion of the GDP can stay the same.Forecasters project this reassuring state of affairs won’t continue for long, and economists warn the government’s financial condition is…
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