Treasury Yields Ease as Investors Reassess the Inflation Path

US government bond yields edged lower as traders awaited September CPI. The 10-year Treasury yield was reported around 5.2%, near a two-week low, while attention remained on the Federal Reserve’s next decision. Bond prices and yields move in opposite directions. A CPI surprise can alter rate expectations, but the reaction depends on core inflation and what markets have already priced. Monitor auction demand, inflation expectations and Fed communication.