BND: Strategy Room 10-4-2026

So the US national debt still sitting at $40.2 trillion.

The US federal spending is up to 27.4 trillion, with the US federal budget deficit still sitting at $1.825 trillion.

So we've got the, the federal debt to GDP is sitting at 122%.

Interest on the national debt is at $1.1 trillion, just to service the national debt.

That doesn't pay down a dollar.

That's just to service it.

Uh, defense spending up to 980 billion.

Credit card debt still sitting at $1.363 trillion.

That equates to a debt per cardholder of $8,413.

So just some of the key numbers there to point out as we always do.

Now, let's go to some of our numbers here for the week.

Um, not a great week in stocks.

They had a, a little bit of a bounce yesterday, but, but down pretty much for the, for the most part for the week.

Um, not really, uh, yeah, again, not really...

A lot of, you know, just a lot of up and down news, if you will, for the, for the week.

So, uh, you know, Dow Jones Industrial Average sitting at 51,176, S&P 500 sitting at 77,722, and the NASDAQ is sitting at 27,190.

So, but here's what I, here's the big thing to talk about, the interest rates on the bonds.

We're ta- So the 30-year bond hitting up to 5.6%.

I mean, just, just not good.

Uh, the 10-year Treasury note surging up to 5.28. Um, you know, a lot of people speculating, you know, "Will this, will this go up to five and a half and 6%?" Uh, I th- I, I unfortunately think there's a very good chance that it will.

Uh, the seven-year note spiking up over 5.1%.

The five-year note up to 5%.

The three-year note up to 4.96.

The two-year note up to 4.839.

So the two-year note is appro- is now approaching 5%.