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US Treasury Pays $3B Daily, Deficits Near $2T, Launches Yen-Buy

8/11/2026

42 10 Full Breakdown

Summary

Story summary

The United States Treasury pays over $3 billion daily in interest, with net interest at $963 billion.
Deficits hit $1.8 trillion in fiscal year 2026, prompting the Congressional Budget Office (CBO) to project a full-year deficit of $2.1 trillion.
Treasury Secretary Scott Bessent announced a yen-buying operation targeting $5-$10 billion to stabilize the currency, as Japan’s $1.14 trillion holdings saw the yen slip to roughly 159 per dollar.

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Story summary

The United States Treasury pays over $3 billion daily in interest, with net interest at $963 billion.
Deficits hit $1.8 trillion in fiscal year 2026, prompting the Congressional Budget Office (CBO) to project a full-year deficit of $2.1 trillion.
Treasury Secretary Scott Bessent announced a yen-buying operation targeting $5-$10 billion to stabilize the currency, as Japan’s $1.14 trillion holdings saw the yen slip to roughly 159 per dollar.