10-Year Treasury yields moved lower to start the week, closing at 4.22% after a 5 bps decline. The move followed a rally last week that saw yields approach 4.30%. Easing tensions in the Middle East contributed to lower WTI Crude Oil futures prices, which in turn fueled expectations for potentially easing inflationary pressures. The CVOL index reflected this shift, with volatility pulling back from highs not seen since last summer. Looking ahead to Tuesday, market participants are focused on the ADP weekly employment change and the New York Fed Services Activity Index, alongside a $13 billion 20-Year Treasury auction.