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kitco.com > opinion > 2026-08-24 > convulsion-credit-markets

Convulsion in credit markets

2+ week, 6+ day ago   (358+ words) The nation is now paying $3 billion per day in interest on our debt, approaching $100 billion per month, and $1.2 trillion per year. Ten months into this fiscal year, net interest has already reached $963 billion, up 14% from the same period last year....