10-Year Note futures moved higher on labor market sentiment on 11/11/25. 10-Year Note futures saw higher price action, finding support and regaining the 113 handle to near a two-week high. This move drove yields lower, with the 10-Year yield down 4 basis points to 4.07%. The primary driver was shifting sentiment surrounding the labor market, with indications that the labor market continues to soften. This sentiment, along with a well-received bond auction, particularly for the 3-Year note, helped support the markets and move yields towards the lower end of the recent range. Traders will watch to see if this price action holds as more data points become available in the coming days.