2-Year T-Note futures faced continued selling pressure, trading down to an 11-month closing low around the 103'11'5 level. This downward price action pushed 2-Year yields up 5 bps, hovering just below the 400 bps mark, a level not seen since June 2025. The selloff was driven by a combination of higher energy prices, with WTI Crude Oil futures holding above $100 amid Middle East uncertainty, and higher-than-anticipated core CPI data. The selling pressure extended across the yield curve, driving yields up approximately 5 bps from the 2-Year through the 30-Year, with the 10-Year yield reaching a 10-month high.