I would say that is quite concerning. It speaks to the question earlier about the risks that both households and governments face. If there were to be a significant increase in interest rates, it would be very difficult for many households to absorb, for exactly the reasons you just described.
If at that same time the government's fiscal position were worsening because of the way that it has structured its short-term versus longer-term debt, that could be a situation where both households and the government are struggling to find balance. That's the type of buffer the government may not have if it is favouring further spending and further investments with any extra fiscal room, versus that type of ability to withstand shocks, especially to interest rates.