10-Year Note futures traded higher for a second consecutive session, challenging what could be a new six-and-a-half-month closing high if the current price, near 113'26, is maintained. Price action is higher across the curve from 2-Year to 30-Year futures. Driving factors include anticipation of the upcoming CPI release this Friday, with the current market narrative suggesting inflation data may be below expectations. Comments from Federal Reserve speakers on policy are also seen as a primary driver. The 10-Year yield moved down 3.5 basis points on the day to 395 basis points, moving below 400 basis points. Yields are moving lower and prices are moving higher across the curve, resulting in a slightly less steep yield curve today.