10-Year Note futures traded higher for a fourth consecutive session, reaching a one-month high in the 113 handle. The advance was driven by Core PPI data coming in below expectations and increased probabilities of a December rate cut, now exceeding 80% per the CME FedWatch Tool. Consequently, yields moved lower across the curve, with the 10-Year yield dropping 3.5 basis points to 4.00% amid position rolling from December to March.
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