10-Year T-Note futures decline as U.S. yields touch 5.35%.

10-Year T-Note futures slide as the global bond market selloff deepens, with U.S. 10-Year Treasury yields vaulting as high as 5.35%. International sovereign debt faces similar pressure, as the French 10-Year yield jumps 10 bps to 4.96% and the U.K. 30-Year yield hits its highest mark since 1998. Elevated energy prices, inflation concerns, and infrastructure capital expenditures continue to influence interest rate expectations. Meanwhile, the U.S. Dollar Index advances 0.2% to 101.62, holding near two-month highs after a strong September performance.