Shows / The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Lucas and Luna examine the mechanics of national debt, Treasury issuance, and long-term fiscal sustainability through the lens of current market data and historical precedent. Each episode starts from a fresh figure — a yield curve inversion, a CBO long-term projection, an auction bid-to-cover ratio — and follows the chain of cause and effect: what that number means for government borrowing costs, for private investment, for the dollar's reserve status, and for the trade-offs policymakers face…
Episodes
The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal OutlookHow Debt Maturity Is Reshaping Your Financial Future
With the federal debt-to-GDP ratio holding at one hundred twenty-one percent and the ten-year Treasury yield hovering near four point nine percent, the…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Fiscal Drag Quietly Slows Economic Growth
With federal debt nearing thirty-nine trillion dollars and the deficit widening to nearly two trillion in the latest quarter, we examine a less-discussed…
- 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…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Sovereign AI Spending Reshapes US Debt Strategy
South Korea just announced a record budget to build the world's most powerful sovereign AI model, a move that forces a hard look at how digital…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Aging Debt Shapes Your Retirement Future
We explore the structural mechanics of maturing Treasury debt and why the sheer volume of upcoming maturities is reshaping the risk premium in your retirement…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Aging Debt Shapes Your Retirement Future
With federal debt hitting nearly thirty-nine point five trillion dollars and the ten-year Treasury yield holding near four point ninety-eight percent, we…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How The Fed Funds Rate Rewires Treasury Costs
We are looking at the specific mechanics of how the Federal Reserve’s current policy stance is quietly reshaping the cost of servicing the national debt. With…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Real Cost Of Borrowing In A High Debt Era
With federal debt nearing forty trillion dollars and the deficit widening, we explore how borrowing costs are reshaping everything from municipal bonds to…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Bond Market Is Quiet Right Now
With the ten-year Treasury yield hovering near five percent and the yield curve steepening, investors are asking why bond markets aren't panicking over…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Bond Market Is Silent Right Now
With the ten-year Treasury yield holding near five percent and the yield curve steepening slightly, the usual panic signals are muted. Lucas and Luna explore…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Treasury Auctions Are Pricing In The Debt Overhang
With the federal debt total hovering near thirty-nine point five trillion dollars and the ten-year yield sitting at five percent, the mechanics of how…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Silent Squeeze Of Treasury Debt On Your Wallet
With the federal debt total hitting nearly thirty-nine point five trillion dollars and the debt to GDP ratio climbing past one hundred twenty-two percent, the…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Treasury Auctions Are Silently Reshaping Markets
Lucas and Luna explore the mechanics of Treasury auctions, focusing on how changing demand dynamics are quietly influencing bond yields and borrowing costs…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Bond Market's Silent Panic
Why the ten-year Treasury yield just dropped below five percent while the federal deficit remains stubbornly high. Lucas and Luna unpack the disconnect between…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why Treasury Yields Are Falling Right Now
With the ten-year Treasury yield holding near five point one three percent and short-term rates dipping, Lucas and Luna unpack why long-end borrowing costs are…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The UK Inflation Spike Changes US Debt Strategy
With UK inflation jumping to 3.5 percent in October 2026, global bond markets are reacting sharply. Lucas and Luna explore how this specific data point from…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Debt Ceiling Is A Political Theater
We cut through the noise of the upcoming debt ceiling fight to look at the mechanics that actually matter. With federal debt hitting nearly forty trillion…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How The Deficit Is Eating Treasury Yields
With the US budget deficit swelling to almost two trillion dollars for fiscal 2026, the mechanics of federal borrowing are shifting under our feet. Lucas and…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Treasury Auctions And The Hidden Cost Of Borrowing
With the U.S. federal debt climbing past thirty-nine trillion dollars and interest rates hovering near five percent, the mechanics of how Washington funds…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Debt Ceiling Isn't The Real Problem
The U.S. federal debt has crossed thirty-nine trillion dollars, but the political theater of the debt ceiling is masking a deeper structural issue: the cost of…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Debt Wall Hits Your Retirement Fund
With the federal deficit swelling to nearly two trillion dollars and total debt exceeding thirty-nine trillion, the mechanics of who buys American debt are…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How The Fed Funds Rate Rewires Treasury Costs
With the ten-year Treasury yield sitting at five point two two percent and total federal debt nearing thirty-nine point five trillion dollars, the cost of…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Hidden Cost of Your Savings in a High Debt Era
Lucas and Luna explore how the federal debt-to-GDP ratio hitting 122.6 percent is quietly reshaping the real return on your savings. With ten-year Treasury…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Fiscal Trap of Consumer Debt
Lucas and Luna explore how the surge in American household debt is reshaping federal borrowing costs. With consumer credit delinquencies flashing warning signs…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Tariffs Rewire Federal Borrowing Costs
Lucas and Luna explore how recent tariff implementations are quietly reshaping the federal deficit, turning consumer price shocks into long-term Treasury…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Tariffs Are Rewiring Federal Borrowing Costs
With federal debt approaching thirty-nine point five trillion dollars and inflation fears rising due to new tariff structures, the cost of servicing that debt…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why Your Pension Is Priced For Deficit Fear
With the federal debt-to-GDP ratio hitting 122.6 percent and the ten-year Treasury yield holding above five percent, traditional asset allocation models are…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How The US Debt Wall Hits Your Wallet
The federal debt has crossed thirty-nine trillion dollars, and the interest payments are now consuming a larger share of the budget than national defense. In…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Demographics And The Debt Trap
With the U.S. federal debt hitting nearly thirty-nine point five trillion dollars and the population aging, we explore how shrinking workforces and rising…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The September Jobs Report Changes Everything
The September labor market data revealed just twenty-nine thousand new jobs and a four-point-two percent unemployment rate, signaling a sharp deceleration…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Labor Weakness Is Rewiring Federal Debt Strategy
With the September jobs report showing only twenty-nine thousand new positions and unemployment ticking to four point two percent, the federal government faces…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How The September Jobs Report Reshapes Debt Strategy
The September jobs report delivered a sharp shock to the system, with nonfarm payrolls rising by just twenty-nine thousand and the unemployment rate ticking up…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Real Cost of Your Pension in a High Debt Era
With federal debt nearing forty trillion dollars and interest rates holding above five percent, the traditional bond portfolio is facing an existential test…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Global Debt Is Trapping Your Future Returns
Global debt has surpassed $365 trillion, creating a structural trap for investors and policymakers alike. Lucas and Luna break down why this 'vicious…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How The Debt Wall Is Trapping Fiscal Policy
With the federal debt hitting nearly thirty-nine trillion dollars and ten-year yields climbing above five percent, the U.S. government faces a structural…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Fiscal Cliff Of Interest Compounding
We examine how the federal government’s interest payments are now consuming nearly a fifth of all tax revenue, creating a self-reinforcing cycle that limits…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How The Debt Wall Is Reshaping Borrowing Costs
With the federal debt topping thirty-nine trillion dollars and the ten-year Treasury yield climbing above five percent, the U.S. government faces a massive…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How The Debt Wall Is Reshaping Borrowing Costs
With the federal debt approaching forty trillion dollars and ten-year Treasury yields holding near five point two percent, the mechanics of government…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Debt Maturity Traps Fiscal Policy
With the ten-year Treasury yield holding above five percent and the debt-to-GDP ratio at 122.6 percent, the U.S. government is locked into a high-interest…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Bond Vigilantes Are Back And They Want Higher Rates
With the ten-year Treasury yield climbing above five percent and global debt hitting $365 trillion, markets are signaling that fiscal discipline has hit a…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How The Fed Funds Rate Rewires Treasury Costs
Lucas and Luna dissect the mechanical link between the Federal Reserve's policy rate and the actual cost of servicing the national debt. With the Fed…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Fiscal Dominance Is Silencing Your Savings
Lucas and Luna explore the quiet but potent mechanism of fiscal dominance, where massive federal borrowing costs begin to dictate monetary policy decisions…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Debt Ceiling Is Now A Budgeting Tool
We are dissecting how the debt limit has shifted from a constitutional crisis to a routine budgetary lever. With federal debt sitting near thirty-nine trillion…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Hidden Risk of Fiscal Dominance on Your Savings
We examine how the Federal Reserve’s balance sheet expansion is quietly reshaping risk-free rates, pushing private capital into higher-yielding assets like…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Hidden Cost of Debt Maturity Lengthening
With the federal debt total surpassing thirty-nine trillion dollars and interest rates holding near five percent, the real fiscal danger isn't just the…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Real Cost of Fiscal Dominance in Bond Markets
With the federal debt hitting nearly thirty-nine point one trillion dollars and the ten-year Treasury yield holding steady near five percent, we examine how…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Quiet War Over Federal Debt Maturity
With the federal debt hitting thirty-nine trillion dollars and interest rates holding near five percent, the Treasury is facing a silent crisis. Most of our…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Geopolitical Shocks Rewrite Federal Borrowing Costs
When global supply chains fracture, the federal government faces a unique fiscal squeeze. We examine how the recent oil price spike and transport disruptions…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Fiscal Dominance Changes Your Paycheck
We are looking at the intersection of fiscal policy and personal finance in a way that most headlines miss. The federal debt has climbed past thirty-nine…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Fiscal Dominance Is Rewiring the Bond Market
With federal debt nearing thirty-nine trillion dollars and interest rates holding near four percent, the U.S. government faces a new constraint: fiscal…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Silent Tax of Rising Debt Service Costs
With the ten-year Treasury yield sitting near four point nine five percent and total federal debt approaching thirty-nine trillion dollars, the cost of…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why Debt Maturity Is The Silent Killer Of Fiscal Policy
The federal debt has crossed thirty-nine trillion dollars, but the real danger isn't just the total number—it's how that debt is structured. Lucas…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Hidden Risk of Short-Term Treasury Borrowing
With the ten-year yield holding near 4.83 percent and total federal debt surpassing thirty-nine trillion dollars, we examine a structural shift in how…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Deficit Is Shrinking Despite Higher Rates
The federal deficit shrank to minus 1.77 trillion dollars in September 2025, even as the ten-year Treasury yield climbed to 4.83 percent and debt service costs…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Trade Wars Inflate The National Debt
When the U.S. slaps tariffs on Canadian goods, who actually pays the bill? We break down the mechanics of how protectionist trade policies quietly swell…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Silent Tax of Rising Debt Service Costs
With federal debt service costs consuming a growing share of revenue and the ten-year Treasury yield holding near four point seven seven percent, Lucas and…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Foreign Buyers Are Quietly Exiting U.S. Treasuries
Japan’s foreign reserves dropped by a record eighty billion dollars in August, largely driven by yen intervention that forced the sale of U.S. Treasury…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
The Hidden Cost of Payroll Growth on Federal Debt
We look at how the August jobs report, showing 162,000 new positions and a 4.1 percent unemployment rate, quietly shifts the federal debt calculus. With total…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Private Security Is Rewiring Federal Borrowing Costs
With federal debt nearing thirty-nine trillion dollars and the deficit still running hot, we look at an unexpected pressure point: the rise of private…
- The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Labor Surges Are Rewiring Federal Borrowing
We explore the hidden link between yesterday's stronger-than-expected August payrolls report and today's mounting national debt. With the U.S…