Indicator Terminal View
Integrated Brief
As of 2026-04-01, the Federal Interest Payments (Debt Service Cost) stood at $1.28T, up $27.0B from the prior reading, at the 100th percentile of the past 5 years. 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 read $1.28T on 2026-04-01 (+$27.0B vs prior reading). Based on its standardized historical distribution (z-score), current positioning reflects a "tightening bias". Check related plumbing indicators to evaluate broader systemic conditions.
Source: FRED · A091RC1Q027SBEA. Refreshed every 6 hours and free to access via the JSON API.
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Interest Payments is shown for context and does not enter the DLI score.
Read the full guide to Interest Payments: what it measures, how to read it, and the common mistakes.