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In October 2023, yields for 10-year [[United States Treasury security#Treasury note|Treasury notes]] breached 5% as traders adjusted their assessment of United States' fiscal position and lowered their expectation that Congress or the White House would take any action to improve it. The impact was felt by homebuyers, with 30-year mortgage rate at its highest in two decades, and corporations facing higher costs of borrowing. Interests paid by the federal government jumped by $184 billion during the 2022 fiscal year and are still climbing.<ref>{{Cite news |date=2023-10-23 |title=Why Bond Yields Are Sending a Warning Signal to Washington |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/newsletters/2023-10-23/with-us-debt-piling-up-bond-market-is-sending-a-warning-signal |access-date=2023-10-26}}</ref>
==== Recent US debt service/interest statistics ====
{| class="wikitable sortable"
!FY
![[Government_Accountability_Office|GAO]]: (Total) Debt Service (in billion dollars)
![[Federal Reserve Economic Data|FRED]]: (Total) Debt Service (in billion dollars)[https://fred.stlouisfed.org/graph/?g=ViPH]
![[Government_Accountability_Office|GAO]]: (Publicly-held) Debt Service (in billion dollars)
![[Federal Reserve Economic Data|FRED]]: Fed Receipts (in billion dollars)[https://fred.stlouisfed.org/graph/?g=ViPI]
![[Federal Reserve Economic Data|FRED]]: Debt Service/Receipts
|-
|2023
|875.5<ref name=gao23>{{Cite web|title=Financial Audit: Bureau of the Fiscal Service's FY 2023 and FY 2022 Schedules of Federal Debt|url=https://www.gao.gov/assets/d24106340.pdf|access-date=2024-01-20|website=[[Government_Accountability_Office]]|language=en|date=2023-11-09}}</ref>
|981
|678<ref name=gao23/>
|4439
|{{Round| {{#expr:100*981/4439}} |0}}%
|-
|2022
|723.6<ref name=gao23/>
|829.6
|496.5<ref name=gao23/>
|4896
|{{Round| {{#expr:100*829.6/4896}} |0}}%
|-
|2021
|575<ref name=gao22>{{Cite web|title=Financial Audit: Bureau of the Fiscal Service's FY 2022 and FY 2021 Schedules of Federal Debt|url=https://www.gao.gov/products/gao-23-105586|access-date=2024-01-20|website=[[Government_Accountability_Office]]|language=en|date=2022-11-09}}</ref>
|612
|392<ref name=gao21>{{Cite web|title=Financial Audit: Bureau of the Fiscal Service’s FY 2021 and FY 2020 Schedules of Federal Debt|url=https://www.gao.gov/assets/gao-22-104592.pdf|access-date=2024-01-20|website=[[Government_Accountability_Office]]|language=en|date=2021-11-09}}</ref>
|4047
|{{Round| {{#expr:100*612/4047}} |0}}%
|-
|2020
|527<ref name=gao21/>
|517.7
|371<ref name=gao21/><ref name=gao20>{{cite web|url=https://www.gao.gov/products/gao-21-124|title=Financial Audit: Bureau of the Fiscal Service’s FY 2020 and FY 2019 Schedules of Federal Debt|access-date=2024-01-20|website=[[Government_Accountability_Office]]|language=en|date=2020-11-09}}</ref>
|3421
|{{Round| {{#expr:100*517.7/3421}} |0}}%
|-
|2019
|574<ref name=gao20/>
|564.5
|404<ref name=gao20/>
|3463
|{{Round| {{#expr:100*564.5/3463}} |0}}%
|-
|2018
|528.4<ref name=gao18>{{cite web|url=https://www.gao.gov/assets/gao-19-113.pdf|title=Financial Audit: Bureau of the Fiscal Service’s FY 2018 and FY 2017 Schedules of Federal Debt|access-date=2024-01-20|website=[[Government_Accountability_Office]]|language=en|date=2019-11-09}}</ref>
|571
|357<ref name=gao18/>
|3330
|{{Round| {{#expr:100*571/3330}} |0}}%
|-
|2017
|456.7<ref name=gao18/>
|493
|296<ref name=gao18/>
|3316
|{{Round| {{#expr:100*493/3316}} |0}}%
|-
|2016
|430<ref name=gao16>{{cite web|url=https://www.gao.gov/assets/gao-17-104.pdf|title=Financial Audit: Bureau of the Fiscal Service’s FY 2016 and FY 2015 Schedules of Federal Debt|access-date=2024-01-20|website=[[Government_Accountability_Office]]|language=en|date=2017-11-09}}</ref>
|460
|273<ref name=gao16/>
|3268
|{{Round| {{#expr:100*460/3268}} |0}}%
|-
|2015
|407<ref name=gao16/>
|434.7
|251<ref name=gao16/>
|3250
|{{Round| {{#expr:100*434.7/3250}} |0}}%
|-
|2014
|433<ref name=gao14>{{cite web|url=https://www.gao.gov/assets/gao-15-157.pdf|title=Financial Audit: Bureau of the Fiscal Service’s FY 2014 and FY 2013 Schedules of Federal Debt|access-date=2024-01-20|website=[[Government_Accountability_Office]]|language=en|date=2015-11-09}}</ref>
|442
|260<ref name=gao14/>
|3021
|{{Round| {{#expr:100*442/3021}} |0}}%
|-
|2013
|425<ref name=gao14/>
|425
|247.6<ref name=gao14/>
|2775
|{{Round| {{#expr:100*425/2775}} |0}}%
|-
|2012
|432<ref name=gao12>{{cite web|url=https://www.gao.gov/assets/gao-13-114.pdf|title=Financial Audit: Bureau of the Fiscal Service’s FY 2012 and FY 2011 Schedules of Federal Debt|access-date=2024-01-20|website=[[Government_Accountability_Office]]|language=en|date=2013-11-09}}</ref>
|417
|245.4<ref name=gao12/>
|2450
|{{Round| {{#expr:100*417/2450}} |0}}%
|-
|2011
|453.6<ref name=gao12/>
|433
|250.9<ref name=gao12/>
|2303
|{{Round| {{#expr:100*433/2303}} |0}}%
|-
|2010
|413<ref name=gao10>{{cite web|url=https://www.gao.gov/assets/gao-11-52.pdf|title=Financial Audit: Bureau of the Fiscal Service’s FY 2010 and FY 2009 Schedules of Federal Debt|access-date=2024-01-20|website=[[Government_Accountability_Office]]|language=en|date=2011-11-09}}</ref>
|399.5
|215<ref name=gao10/>
|2162.7
|{{Round| {{#expr:100*399.5/2162.7}} |0}}%
|-
|2009
|380.7<ref name=gao10/>
|353.8
|189<ref name=gao10/>
|2105
|{{Round| {{#expr:100*353.8/2105}} |0}}%
|}
===Chinese holdings of U.S. debt===
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