NEW YORK, Oct 10 (Reuters) - U.S. Treasury yields were
mixed on Thursday, after briefly turning lower across the board
in volatile trade as data showed inflation last month came in a
little higher than expected, although the annual rise was the
lowest since February 2021.
Data showed the consumer price index increased 0.2% last
month after gaining 0.2% in August. In the 12 months through
September, the CPI climbed 2.4%, the smallest year-on-year rise
since February 2021 after a 2.5% advance in August.
U.S. benchmark 10-year yields were last up 1.5 basis points
(bps) at 4.0804%, while the two-year yield, which is
more sensitive to Fed policy expectations, slipped 1.6 bps to
4.001%.