Geopolitics Alpha

Federal debt surpassed GDP for fiscal 2026

Published . Updated .

GEOPOLITICS ALPHAFederal debt surpassed GDP forfiscal 2026GEOPOLITICS ALPHA

This report is about US interest rates.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “debt” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-0.9% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “debt” (US interest rates) in this story.

  • JPM JPMorgan Chase-1.7% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “debt” (US interest rates) in this story.

  • BAC Bank of America-11.4% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “debt” (US interest rates) in this story.

  • DHI D.R. Horton+5.1% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “debt” (US interest rates) in this story.

  • SCHW The Charles Schwab

    The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “debt” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-0.20%-1.03%baseafter closeafter closeafter closeafter close
IEF-0.69%-0.98%baseafter closeafter closeafter closeafter close
JPM-0.92%+0.67%baseafter closeafter closeafter closeafter close
BAC+1.08%+1.74%baseafter closeafter closeafter closeafter close
DHINo price data for this ticker———————
SCHWNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Federal debt surpassed GDP for fiscal 2026 The Hill

Source: The Hill

This story

CompanyWhenMoveStatus
BACthree days earlier+1.74%final price
BACfive days earlier+1.08%final price
IEFthree days earlier-0.98%final price
IEFfive days earlier-0.69%final price
JPMthree days earlier+0.67%final price
JPMfive days earlier-0.92%final price
TLTthree days earlier-1.03%final price
TLTfive days earlier-0.20%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Federal debt surpassed GDP for fiscal 2026” looks

25 out of 100

“Federal debt surpassed GDP for fiscal 2026” scores 25 out of 100. The score uses 2 sources.