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UST yields edged somewhat lower as investors queued up ahead of the delayed September CPI release and digested signals that the Fed may pause its QT programme; 10Y slid to ~4.02% (down ~3bp) while 2Y hovered around ~3.55% as risk-off flows resurfaced and term premium concerns lingered. Despite weak job data and persistent shutdown risk, heavy supply and fiscal uncertainty prevented further yield compression, with markets recalibrating for gradual rather than aggressive easing; safe-haven demand peaked briefly but reversed as bank credit fears subsided. Focus now turns to inflation prints and Fed speeches to determine whether the yield trough is intact or poised for another leg higher.