10-Year Treasury Note futures slip as yields touch YTD high.

10-Year Treasury Note futures ended lower as benchmark yields rallied to a new year-to-date high of 4.74% before settling at 4.73%. Yields climbed 30 basis points during July, driven by late-week strength in WTI Crude Oil futures following an unchanged policy decision at the July FOMC meeting. The rise in yields pushed the CME Group CVOL Index to a two-month high, reflecting increased market volatility. Traders now turn their attention to upcoming labor market data, including Friday's nonfarm payrolls report, alongside PMI releases and the return of Fed officials from their post-meeting blackout period.