10-Year T-Note futures rallied nearly a point and a half off previous-session lows, trading back above the 106 handle to reach a one-month high on increased volume. Dan Deming of KKM Financial analyzes the flight to safety across the Treasury complex, driven by heavy selling pressure in U.S. equities—particularly within the artificial intelligence sector—and broader portfolio repositioning. Benchmark yields dropped sharply across the curve, with the 10-Year Treasury yield falling 20 bps to 4.95% alongside declines of 16 to 20 bps stretching from the 2-Year out to the 30-Year.