US debt exceeded 40 trillion US dollars, and energy prices and mortgage interest rates rose simultaneously

According to the Financial Times, the size of the US government debt has exceeded $40 trillion for the first time, and federal spending has grown at the fastest rate since the pandemic. Affected by the Iran War, gasoline prices in the United States have risen to $4.11 per gallon, and diesel prices have risen to $5.58 per gallon. The 30-year mortgage interest rate in the United States has risen to 6.65%, higher than 5.98% before the outbreak of the war. US Treasury Secretary Vincent Besant announced the expansion of the long-term treasury bond bond repurchase program and plans to reduce the fiscal deficit. The annualized growth rate of US GDP in the second quarter of 2026 is approximately 1.5%.