I have observed totals as high as $10T! If rates continue on rising, and if new SecTreas Bessent has his way in shifting issuance towards higher-yielding prolonged rates, that debt provider Expense and affiliated federal deficit is about to skyrocket. That's some rather brutal underperformance via the GDX, as https://financefeeds.com/b2core-rolls-out-android-app-2-3-update-with-enhanced-trading-features-and-security/