Those bypass valves would only open when there is a DIFFERENTIAL pressure of 8-11 PSI across the inlet and outlet. That would only happen if the oil can't get through the media due to media clogging, or when the oil is too thick oil (like at cold startup). The actual pressure that your gauge is showing you is the pressure at the gauge sensor, don't confuse that with pressure drop across the filter. You always have a pressure drop across a filter, but normally it is more like 1-2 PSI under normal conditions. With thick oil or a clogged filter the pressure drop increases and can temporarily hit the point that opens the bypass (either due to long interval OCI where a filter could be clogging, or normal cold startups where the oil is thick until it warms up).