AI Data Insight
US government fiscal spending in Q3 2026 (as of August) reached $584.775 billion, a significant increase from the previous figure of $526.83 billion, highlighting that budget pressure remains high. The surge in spending is primarily driven by a record-breaking national debt interest burden, as well as rigid demands such as social welfare and Medicare. In the absence of an economic recession, the massive fiscal spending and an annual deficit of nearly $2 trillion may pose hidden concerns for long-term US Treasuries.