Observation period: 27 August – 27 September 2026 On August 19, 2026, the United States crossed a number that once seemed impossible. Its national debt hit $40 trillion. Not forty billion. Not four hundred billion. Forty trillion dollars. To pay the interest on that debt alone, America spends $1.1 trillion every year. That is more than the entire US defense…
Tag: treasury yields
The Diesel Yield Curve: When Energy Inflation Meets the World’s Funding Problem
A fuel shortage, a rate hike, and a bond market that is starting to feel both at the same time. On 9 September 2026, a barrel of North Sea crude cost $113.48. One month earlier, it averaged $91. A week later, the average American paid $6.29 for a gallon of diesel — the highest retail price since the series began…

