The government debt ledger, kept since 2009
BankruptBaby records sovereign debt, bond auctions, currencies, central banks and inflation across major economies. The figures update automatically every day.
$40,551,054,852,362
| Account | Latest reading | Figure | As of |
|---|---|---|---|
| Bond AuctionsLatest US Treasury 8-Week bid-to-cover | Latest US Treasury 8-Week bid-to-cover | 2.26× | 15 Oct 2026 |
| Central BankingUS federal funds rate | US federal funds rate | 3.75% | 1 Sep 2026 |
| Central BankingUS 10-year minus 2-year Treasury yield | US 10-year minus 2-year Treasury yield | +0.37 pts | 29 Oct 2026 |
| Debt by CountryHighest debt to GDP: Japan | Highest debt to GDP: Japan | 218.5% | 2024 |
| Inflation by CountryUS 10-year expected inflation (breakeven) | US 10-year expected inflation (breakeven) | 2.35% | 29 Oct 2026 |
| CurrenciesJapanese yen per US dollar | Japanese yen per US dollar | 158.06 | 29 Oct 2026 |
This week's entries
Automatic alerts when listed bond auctions, currencies, central bank rates or inflation make a notable move. 16 alerts in the last seven days, each with a chart and recent readings.
| Date | Alert | Chart |
|---|---|---|
| Gold fell below $4,000/ozGold fell below $4,000/oz and is now trading at $3,984/oz. | ||
| Bitcoin fell below $80,000Bitcoin fell below $80,000 and is now trading at $77,875. | ||
| Currencies · 29 Oct 2026Chinese yuan at its strongest against the US dollar since June 2022One US dollar now buys 6.6664 yuan — the Chinese yuan's strongest level since June 2022 (2026-10-28). | ||
| Rates · 28 Oct 202610y-2y yield curve steepened by 9 bpsThe 10-year/2-year Treasury spread steepened by 9 bps in a day, from 0.29 to 0.38 (as of 2026-10-28). | ||
| Currencies · 28 Oct 2026US dollar up 1.60% vs. the New Zealand dollarThe US dollar rose 1.60% against the New Zealand dollar on 2026-10-28 (USD/NZD now 1.7815). | ||
| Bonds · 28 Oct 2026Weak demand at Germany's 10-year bond auctionGermany's Bund 10Y auction on 2026-10-28 showed weak demand: bid-to-cover 1.10x vs. a recent average of 1.55x. |
Look up a country's account
Debt to GDP, what interest costs out of revenue, how much is held abroad, and the S&P rating, for 16 economies.
United States
136.8% of GDP
Gross government debt, 2025
- Change vs prior year
- —
- Interest as a share of revenue
- 20.3%
- Held by foreign investors
- —
- S&P long-term rating
- AA+
Selected sovereign debt news
Chosen daily from public sources. Showing 12 of 380.
- Meloni’s €26 Billion Budget Tests Italy’s Fiscal Discipline as Election Approaches
- Britain’s bond market will deliver its verdict on Healey’s Budget within minutes
- China Pumps Record 1 Trillion Yuan in a Day, Driving 5-Year Yield to Low
- Britain issues costliest 5-year debt since 2008 before budget
- A choice between debt and inflation: As protests rage, the French government has no good option for solving its financial problems
- China's Local Government Debt
- Fed Over-Tightening: How Much Runway Is Left Before It Bites?
- Private banks reassess bonds as sovereign risks rise
- The hidden cost of government debt for investors
- How the ECB Will Help France
- Russia's central bank holds key rate at 14%, raises inflation forecast
- The global sovereign debt crisis is coming to a head
A short note when the data moves
Weak auctions, policy shifts and debt figures crossing a threshold, plus one Saturday roundup. Nothing else.





