美国国债：9月CPI低于预期，强化降息预期

Core Insights - The U.S. Consumer Price Index (CPI) for September showed a slight increase that was below expectations, reinforcing market predictions for a Federal Reserve interest rate cut [1] - The delayed CPI report, impacted by the federal government shutdown, revealed a core CPI month-over-month increase of 0.2%, lower than the anticipated 0.3% [1] - The overall CPI year-over-year rose by 3.0%, still above the Federal Reserve's target [1] Market Reactions - U.S. Treasury yields rose, with the 2-year Treasury yield dropping by 5 basis points, indicating sensitivity to monetary policy changes [1] - The benchmark 10-year Treasury yield fell below 4% following the CPI data release [1]