CBO: US budget deficit hits $1.8 trillion over 10 months, full-year forecast $2.1 trillion
- —Revenues rose 3% and spending 5% over the 10 months of the fiscal year
- —Net interest costs to rise from $1 trillion in 2026 to $2.1 trillion in 2036
- —Debt to GDP: from 99% in 2025 to 120% in 2036
- —The 30-year Treasury yield holds around 5.35%
Why it matters: Rising deficits and debt weigh on long-term rates, intensifying competition for capital with Bitcoin and risk assets.
Source: TokenPost