Interest Payments reads $1.25T as of 2026-04-01. Change from prior reading: +0.03. Current value sits at the 99th percentile of the trailing 5 years. Sourced from fred, refreshed every 6 hours, and free to access via the JSON API.
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Integrated Brief
A091RC1Q027SBEA — federal government current expenditures on interest, from the BEA national accounts. Quarterly, and reported at a seasonally adjusted ANNUAL rate: the latest print is the run-rate the government is paying per year, not what it paid in that quarter. This is gross accrued interest and runs above the Treasury's "net interest" outlay line, which nets out intragovernmental receipts. Published about a month after the quarter closes, then revised.
Core Print
Current Interpretation
Interest Payments is currently 1.25 (daily change +0.03). Based on its standardized history position (z-score), the current read is "Tightening bias". Check related indicators to confirm whether this is isolated noise or a broader liquidity shift.
Score contribution is currently unavailable for this indicator.
Interest Payments is a core liquidity signal used to track funding conditions and risk appetite in US dollar markets.
This indicator shifts available liquidity and risk premium, which can move valuations in equities, crypto, and credit.
Use the related indicators and the Liquidity Score direction together to avoid overreacting to a single data point.
Read our complete guide on Interest Payments, including historical examples, interpretation methods, and common pitfalls.