August 24, 2026

Budget, Personal Loans

Average Rate on the National Debt Hits 3.447% as Cheap Notes Roll Off

Wide golden hour photograph of the neoclassical United States Treasury building facade, its tall fluted stone columns casting long shadows across warm sandstone as heavy storm clouds gather overhead.

Treasury's average interest rate on all federal debt reached 3.447% on July 31, the highest since June 2009, as low-coupon notes mature into yields above 4%.

Laura Adams
August 24, 2026