10-Year Note futures slipped as yields ended slightly higher.

10-Year Treasury note yields experienced a reversal after climbing toward 4.5% early in the session, driven by headlines suggesting progress in the Middle East peace process over the weekend. The decline in oil prices helped pull yields back down to close near 4.48%. While yields finished the session up 1.5 basis points, they concluded the week down approximately 6 basis points. Volatility also tracked lower alongside yields, as measured by the CVOL index. Looking ahead, market participants are focused on the upcoming June FOMC meeting on Wednesday, which marks the first session with Fed Chair Warsh presiding, though no immediate policy shifts are anticipated.