Eli5: what are implications on US dollar, for the fact that $7+ trillion in interest-bearing US public debt will mature this year, approx. 30% of all outstanding US govt debt.

Question

Eli5: what are implications on US dollar, for the fact that $7+ trillion in interest-bearing US public debt will mature this year, approx. 30% of all outstanding US govt debt.

In: Economics

Answer 1

It’s like having a huge credit card bill due. If not managed well, it could potentially weaken the US dollar’s value.