As US debt hits $36 trillion, about 1 in 5 dollars the government spends repays investors for borrowed money

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"It's clear the current amount of debt is putting upward pressure on interest rates, including mortgage rates for instance".

“It's clear the current amount of debt is putting upward pressure on interest rates, including mortgage rates for instance".

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Article Details

Author / Journalist: Josh Boak, Fatima Hussein, The Associated Press

Category: EconomyBusiness

Markets: United StatesOman

Topics: Donald Trump Taxes U.S. debt Debt National debt Government spending

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-24 @ 15:17:54 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 20 words

Reading Time: 1 minutes read

Sentences: 41 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23800406

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 11 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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