10-Year Note yields moved lower, pulling back from the top of the weekly range near 4.20% to close around 4.13%. The move occurred despite the release of delayed PPI figures and retail sales data, neither of which significantly shifted market sentiment. Late in the session, the Beige Book indicated a moderate increase in economic activity but failed to generate momentum. Volatility, tracked by the CVOL index, remained subdued after a modest early-week rise. Attention now turns to upcoming jobless claims, manufacturing metrics, and commentary from Federal Reserve officials regarding policy expectations.
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