Basic Baby Hat - Decreases in 10 Sections
Pattern by Kate Sharaf Yarn: Knitpicks Shine Sport, 1 skein Needles: Size 4 circulars long enough to do magic loop (I used 36" I think) Gauge: 6 st/in Pattern: CO 80 st, join in the round.
Knit in seed stitch for 5-6 rounds. Cont knitting in stockinette st until hat reaches ${\sim}4.5$ inches. Dec round: k2tog before each marker. After first dec round, knit two rounds. Then alternate dec rounds and knitting rounds until you have 8 st remaining. For the last round, k2tog 4 times, then run tail through remaining stitches, tighten and weave in end. This makes about a $15^{\circ}$ circumference hat which should be good for a newborn/very young baby. I forget the exact amount of yarn this used but it was less than 1 skein.
