Federal Fiscal Year-End
Continuing resolution extended government funding through December 11, 2020.
Senate voted to confirm Judge Amy Coney Barrett to the Supreme Court.
VIX Level: 37.13
Markit 10-Year High Yield CDX Spread: 424.7 bps
10-Year Treasury Yield: 0.85%
Election Day
FOMC Meeting. Click here to read the meeting minutes.
The Associated Press called the presidential election for Joe Biden.
Supreme Court heard oral arguments to strike down the Affordable Care Act.
Click here to read Loomis Sayles' thoughts on potential changes in the healthcare sector.
Election results in key battleground states should be certified on or before this date.
VIX Level: 20.77
Markit 10-Year High Yield CDX Spread: 387.9 bps
10-Year Treasury Yield: 0.93%
"Safe Harbor" deadline under the Electoral Count Act.
States must resolve controversies about the selection of their electors. Could faithless electors emerge as they did in 2016?
Click here to read more about the Electoral College and faithless electors.
Click here to read more about the significance of this date.
Continuing resolution set to expire.
Click here to learn why Brian Horrigan, our Chief Economist, is watching this date.
Electoral College voters scheduled to meet in respective states and cast ballots (candidates need 270 votes to win).
FOMC Meeting
Federal Reserve's COVID-19-related programs expire.
Click here to read Loomis Sayles' coverage of these programs.
The 117th US Congress convened.
VIX Level: 26.97
Markit 10-Year High Yield CDX Spread: 335.7 bps
10-Year Treasury Yield: 0.91%
Democrats won both of Georgia’s US Senate seats in a special runoff election. This creates a 50-50 split between parties in the Senate, effectively giving Democrats the majority.
Congress counted the electoral votes and certified Joe Biden’s presidential win.
Inauguration Day
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