Data: If the Fed raises rates by another 75 basis points, the annual interest on short-term Treasury bonds alone will increase by about $50 billion.

BlockBeats news, September 13: Currently, about $7 trillion in short-term Treasury bonds are in circulation in the United States, of which approximately $6.1 trillion will mature within a year. Including other maturing varieties, about $7.5 trillion in marketable U.S. Treasury bonds are pending refinancing in 2026, and in 2027 and 2028, approximately $4 trillion and $3.5 trillion will mature, respectively. If the Federal Reserve raises interest rates by another 75 basis points, the annual interest on short-term Treasury bonds alone could increase by about $50 billion, equivalent to 0.15% of GDP, and most of these bonds will be rolled over at market rates higher than when they were originally issued. The United States is facing a more expensive round of large-scale refinancing.