The tab is coming due for America's borrowing binge

Sep 13, 2026 · 11:11 AM UTC · 0 reactions · 0 comments · 7 views

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Americans are facing a rising tab as a multi-decade borrowing binge collides with a spike in energy prices caused by the Iran war. The big picture: Long-term interest rates are surging, as are consumer prices. It's a toxic mix of near-term inflation pressures and years of fiscal imbalance. Driving the news: The yield on the benchmark 10-year U.S. Treasury note rose to 4.97% Friday, up a full percentage point since the end of February, and only a hair below its high since 2007. The rate on a 30-y

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Canonical URL	https://www.axios.com/2026/09/13/national-debt-interest-rates-rising
Publication time	Sun, 13 Sep 2026 11:11:55 +0000
Retrieval time	2026-09-14T03:30:01.437Z
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