Research websites

Treasury Demand

Research on who holds U.S. Treasuries and how changes in investor demand affect yields and market resilience.

Fiscal Beliefs

Research on what people believe supports government debt value, how they assess fiscal risk, and when those beliefs enter decisions.

Interactive tool

U.S. debt arithmetic calculator

Change the interest rate, inflation, growth, primary balance, and starting debt ratio to see an illustrative one-year result and debt path.