[The issuance of U.S. short-term zero-coupon bonds approaches historical highs, proving the U.S. debt crisis is worsening] BlockBeats news, December 9, according to The Kobeissi Letter, over the past 12 months, the U.S. Treasury has issued a record $25.4 trillion in T-Bills (Note: T-Bills are short-term zero-coupon bonds issued by the U.S. Treasury with maturities of one year or less), bringing the total issuance by the Treasury to a record $36.6 trillion. This means that T-Bills currently account for 69.4% of the total U.S. national debt issuance, nearing historical highs. This indicates that the U.S. government is increasingly relying on debt maturing in just a few months to finance its long-term obligations. As a result, interest payments on public debt are now almost moving in sync with the Federal Reserve's policy rate. If inflation surges again and the Federal Reserve is forced to raise rates further, interest costs will climb to unprecedented levels. The U.S. debt crisis is intensifying.