Treasury futures held steady as 10-Year yields reversed higher.

Treasury futures held steady as 10-Year yields experienced a volatile session, initially dropping to 4.25% before reversing course to close nearly unchanged at 4.32%. The broader interest rate market also observed a continuation of declining volatility, with the CVOL index trending lower since last Friday, though levels remain elevated compared to recent weeks. Looking ahead, market participants are preparing for Thursday's initial jobless claims data for a real-time view of the labor market. Additionally, traders continue to monitor incoming geopolitical headlines from the Middle East and upcoming statements from the U.S. president and Federal Reserve speakers.