10-Year T-Note futures traded lower as prices pulled back from a nearly three month closing high reached in the previous session. The 10-Year T-Note moved to 113'032 while the 10-Year yield rose 1 bps to 4.035%. Stronger than anticipated consumer confidence data and recent remarks from Federal Reserve officials contributed to the selling pressure on the front and middle of the curve. Central bank officials appear to be favoring a wait-and-see approach regarding potential rate cuts as they evaluate incoming economic dynamics. Yields from the 1-year to the 10-year saw increases of 1 to 2 bps, while the 30-year bond saw slightly higher price action.