U.S. September CPI rose to 3.7%, U.S. Treasury yields reversed

The U.S. September CPI unexpectedly rose to 3.7%, raising concerns about inflation. The U.S. bond market initially saw yields surge after the data was released, but then fell back to a three-week low due to safe-haven buying.

Tonight, PPI and retail sales data will be released, and market volatility may increase.