$7.6 trillion of US government debt will mature in the next year, adding pressure on rates

• A whopping $7.6 trillion in interest-bearing US public debt will mature within a year, Apollo's chief economist said in September.
• That represents 31% of all outstanding US government debt, adding upward pressure on rates.
• That's still below 2020, when debt maturing within a year made up a significantly larger share.

Nearly a third of all outstanding US government debt is set to mature in the next 12 months, according to an analysis from asset management firm Apollo.

A chart shared by Chief Economist Torsten Sløk in September showed that the share of US public debt set to mature in a year or less has steadily risen toward pandemic-era levels and is now at 31%.