Treasury yields turn higher

Market Trends - The 10-year Treasury yield briefly crossed back above 4% as oil prices increased [1] - Oil prices moving higher are contributing to the reversal in rates [2] Interest Rate Analysis - The 10-year intraday rate briefly topped 4% around 12:11 [2] - The last close above 4% for the 10-year yield was the previous Friday [2] - A new low yield close for the year was recorded at 395 basis points (3.95%) [2] Economic Indicators - September CPI data will be released tomorrow at 8:30 Eastern Time [1] - All metrics are expected to be hot, with a year-over-year look to both be over 3% [3] - Selling pressure in treasuries is observed today in anticipation of the CPI data [3]