10-Year T-Note futures slid into the weekend, declining in three of the last four sessions to retest the lower boundaries of their multi-month trading range. Macroeconomic factors like geopolitical uncertainty in the Middle East and related fluctuations in WTI Crude Oil futures injected selling pressure into the bond complex. Yields trended higher across the curve, led by a 4 bps increase in the 2-Year yield, bringing a flattening bias to the curve. Market participants now shift their attention toward next week's crucial economic updates, including CPI, PPI, retail sales, and scheduled central bank commentary.
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