The 10-year U.S. Treasury Breaks Above 1% After Democrats Secure The House
As I write this article, it is projected that The Democratic Party will take control of Congress for the first time in a decade, after Democrats Raphael Warnock and Jon Ossoff won their Senate runoffs in Georgia. This comes a few short months after Joe Biden became the first Democrat in 28 years to win Georgia, in a highly contested battle by President Trump. News of Congressional control by the Democrats caused the 10-year U.S. treasury to surge past 1.00%, it’s highest levels since the COVID-19 pandemic began.
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