Dan Deming breaks down the latest price action in 10-Year Note futures as prices move higher for a second consecutive session. The rally pushed 10-Year Note futures back into the middle of their one-month range at 108'23, driven primarily by the U.S. Treasury's announcement to increase purchases of long-dated Treasuries. The news led to a flattening yield curve, with the 30-Year yield dropping 9 bps and the 10-Year yield falling 5 bps to 4.65%, while short-term yields remained largely unchanged following initial selling pressure. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/interest-rates.html #Treasuries #InterestRates #FuturesTrading