10-Year Treasury Note yields started the week near unchanged, holding steady at 4.48% for a fourth consecutive session. While some stabilization has developed across energy markets, Treasuries continue to reflect a premium, remaining more than 50 basis points above levels seen before the Middle East conflict began. Market focus is tracking a heavy slate of new issuance this week, starting with Tuesday's 3-Year note auction, which is contributing to keeping yields elevated. In addition to geopolitical developments, players are waiting for further clarity on the U.S. economy, monitoring potential rate hikes and upcoming data points like the ADP employment change and trade balance reports. Meanwhile, the Treasury CVOL index shows that market volatility remains flat, hovering just above six-month lows.