10-Year T-Note futures fall to two-week low on hawkish Fed tone.

10-Year T-Note futures slid to a two-week low of 106'07, marking a third consecutive session of declines amid widespread selling across the Treasury curve. Pressure intensified following October CPI figures and hawkish remarks from Federal Reserve Governor Waller regarding policy tightening prospects for the upcoming December meeting. Treasury yields advanced across all maturities, led by short-dated paper. The 2-Year yield gained 14.5 bps while the 10-Year yield rose 13 bps toward 4.99%. Fixed income participants continue to adjust policy expectations following last week's employment data and morning inflation figures, with attention turning to incoming Producer Price Index data and several scheduled Federal Reserve speeches later this week.