Treasury futures react as 10-Year yields push past 4.30%. 4/23/26

10-Year note yields pushed higher, peaking at 4.35% and closing north of 4.30%, marking an 8 bps increase for the week. The upward movement in rates was largely driven by ongoing geopolitical tensions in the Middle East, as unresolved peace talks pushed WTI Crude Oil futures higher. This rise in energy prices applied upward pressure to yields across the curve. Additionally, the CVOL Index tracked closely with these movements, reflecting higher volatility as rates climbed. Market participants are now shifting focus to the upcoming University of Michigan Sentiment report, keeping a close eye on the one- and five-year inflation components. Traders will also be managing weekend risk assessments amidst continued global headline watching. Learn about more trading futures and options at CME Group: https://www.cmegroup.com/markets/interest-rates.html #Treasuries #InterestRates #Volatility