$DCR
DCR
21.2
+3.71%
Nearly $9.6 trillion in US marketable debt—about 31% of the total—matures by early 2026. $NEO
NEO
3.05
+4.02%
This "maturity wall" forces the Treasury to refinance at rates near 4%, far exceeding the 0.1% rates from the 2020 crisis. This massive rollover significantly increases federal interest expense and fiscal pressure.