2-Year Treasury Note futures faced selling pressure, trading down to one-month lows as strong U.S. economic data shifted market sentiment. Weekly jobless claims came in below 200,000, indicating labor market strength, while New York Empire and Philly Fed manufacturing data both exceeded expectations. Yields moved higher across the board, with the 2-Year yield rising to 3.56%. The move was more pronounced at the front end of the curve, causing the yield curve to flatten as the 2-Year, 10-Year spread narrowed to 60 basis points.