This graphic from the article, nicely shows that 36% of U.S. government debt is due within on year. While the Fed is helping with ultra-low interest rates, thus allowing the U.S. government to roll over maturing debt at lower rates, this won’t last forever.
The implication is that once U.S. interest rates eventually move higher, a large chunk of debt will suddenly have substantially higher interest costs.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.