Feeds · U.S. Government Debt Tracker
Total outstanding U.S. federal debt. The figure above ticks upward live in your browser, estimated from the average pace of the last 173 days (~$63,957/second). The actual government figure updates once per business day.
The numbers investors watch when sizing up government debt risk: how large it is relative to the economy, what it costs to finance, and whether inflation is under control.
Debt / GDP
122.6%
as of Jan 1, 2026 · quarterly
Debt per capita
$114,923
per U.S. resident
10Y Treasury yield
4.48%
as of Jul 1, 2026
2Y Treasury yield
4.17%
as of Jul 1, 2026
10Y – 2Y spread
+0.35%
Positive (normal curve)
Fed funds rate
3.63%
as of Jul 1, 2026
CPI inflation (YoY)
4.17%
as of May 1, 2026 · monthly
Core CPI (YoY)
2.82%
ex. food & energy
10Y breakeven inflation
2.23%
market-implied, from TIPS spread
Current yields across maturities. An inverted curve (short rates above long rates) has preceded every U.S. recession since the 1960s, though the lead time varies.
Total outstanding federal debt since 2018, monthly.
The benchmark rate that anchors mortgage rates, corporate borrowing costs, and equity valuations.
For context on how U.S. borrowing costs compare abroad. This data is monthly (OECD series), not daily like the U.S. figures above.
| Country | 10Y yield | As of |
|---|---|---|
| UK | 4.94% | May 1, 2026 |
| Germany | 3.05% | May 1, 2026 |
| Japan | 2.65% | May 1, 2026 |