GENM: the U.S. debt, from U.S. Treasury data

The debt sphere

Where Numbers Take Shape

Borrowing pace

Borrowing pace per day
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Total public debt · Calculated from Treasury data

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Yield by maturity, a year apart

The par yield Treasury published for each maturity on the latest record date, beside the same maturity on the same date one year earlier (or the nearest earlier record date), in percent.

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GENM: US Labor Data Tests the Split Between Yields and Credit

US Labor Data Tests the Split Between Yields and Credit

What to Watch: Treasury yields, curve pricing, inflation compensation, and corporate credit spreads, as US employment data works through markets this week. During that episode, official Federal Reserve documentation recorded

GENM: Treasury Credit Spread Repricing

Treasury Credit Spread Repricing

A 4.67% 10-year Treasury yield [Source: 1]The configuration is less reassuring than the individual levels suggest: nominal duration is expensive, while the positive curve and contained credit

GENM: Federal Access Breach and Credit Repricing

Federal Access Breach and Credit Repricing

What to Watch: The reported institutional access breach sits beside Treasury yields, curve pricing, inflation compensation, and corporate credit spreads. The Reuters wire reports that Chinese-linked hackers accessed systems

GENM: Treasury Repricing and Credit Clearance

Treasury Repricing and Credit Clearance

A 4.63% 10-year Treasury yield The apparent calm is therefore conditional: sovereign repricing has advanced further than credit compensation, leaving duration exposure and refinancing capacity governed by different

About the Debt Sphere

The Debt Sphere is a free interactive U.S. national debt tracker built on official U.S. Department of the Treasury data. Instead of a single total, it shows several related measures at once: how much the federal government owes, who it owes it to, how close it is to the statutory debt limit, and how much cash the Treasury has on hand. The sphere grows and shrinks with the national debt using Treasury's Debt to the Penny figures, updated each business day. Its gold surface is debt held by the public, owed to investors such as individuals, banks, mutual funds, state and local governments and foreign governments. Its blue surface is intragovernmental debt, the money the government owes its own trust funds, including Social Security and federal retirement programs.

A gold shell around the sphere marks the debt ceiling set by Congress, so you can see at a glance how much borrowing room remains. Below the sphere, live readouts show debt held by the public, intragovernmental debt, remaining room under the limit and the Treasury General Account, the government's main cash balance at the Federal Reserve, drawn from the Daily Treasury Statement. The cash balance has often fallen sharply during past debt limit standoffs.

How to use it

Drag the sphere left, or move the timeline slider, to travel back through actual Treasury figures to October 2005. Every readout updates to that date as you go. Watch the federal debt climb through the 2008 financial crisis, the 2011 and 2023 debt limit standoffs and the 2020 pandemic response, and see how the balance between public and intragovernmental debt has shifted. Let go and it stays on that date. Share any date with a link, or save the view as an image for a report, class or post.

Why it matters

The size and makeup of the national debt affect Treasury bond supply, interest costs in the federal budget and the timing of debt limit deadlines. The Debt Sphere gives investors, advisors, journalists, students and teachers a fast, visual way to understand those trends and check them against the original source. Every historical figure comes from the U.S. Department of the Treasury's Debt to the Penny and Daily Treasury Statement datasets. The debt limit headroom is calculated from Treasury data. It is not a figure Treasury publishes, and it is not financial advice.

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Data source

Source: U.S. Department of the Treasury, Debt to the Penny and Daily Treasury Statement

Source data: U.S. Treasury.

What's coming to GENM

See the System Move

A look at where GENM visualizers are headed. Every figure on this building is simulated for display.

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