Quinten Francois: U.S. fiscal 2026 deficit reached $1.99 trillion

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Quinten Francois: U.S. fiscal 2026 deficit reached $1.99 trillion — U.S. 2026 deficit $1.99 trillion, Fed holds

The U.S. fiscal deficit for 2026 was $1.99 trillion, with average monthly spending exceeding revenue by approximately $166 billion before accounting for debt refinancing.

Quinten Francois added that the Federal Reserve kept interest rates unchanged yesterday, and the 10-year Treasury yield closed above 5 percent.

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Quinten Francois previously highlighted that a Chainlink and DTCC demo could unlock $50 trillion in assets and increase blockchain efficiency. In a separate analysis, he cautioned that a cryptocurrency trading 90 percent below its peak does not necessarily indicate it is undervalued. These observations add context to Francois’s latest comments on fiscal data and interest rates.

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