The 10-Year Treasury Note yields closed higher on Wednesday, settling near 4.56% after initially climbing to a session high of 4.595%. Shifting geopolitical tensions in the Middle East added momentum to crude oil markets, feeding into domestic inflation anxieties and lifting yield levels before a solid 10-Year note auction helped temper the intraday advance. This volatile backdrop pulled the global CVOL index upward as market participants continue to balance policy questions with international developments. Looking to Thursday, fixed income investors are anticipating weekly jobless claims numbers alongside existing home sales data and a 22 billion dollar 30-Year bond auction.