Journalist at The Economist says it’s over
Data scientist G. Elliott Morris from The Economist says Ossoff has defeated incumbent Senator David Purdue:
So far markets still aren’t sure what to do. US 10-year yields are up 2.7 bps to 0.982%. That 1.0% level is a big one and could reverberate.
The US dollar is higher but only modestly and has ticked lower in the past few minutes. Gold is down $3 and that’s inexplicable to me, because this ensure much higher spending in the years ahead. I think that’s the early spot to pick this off but the risk is that gold gets bounced around if/when the US dollar jumps on a break of 1% in 10s.