Treasury yields little changed as investors await key inflation measure

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U.S. Treasury yields were little changed on Friday as investors awaited a key inflation measure and monitored the latest developments in President Trump’s attempts to fire Federal Reserve Governor Lisa Cook.

The benchmark 10-year Treasury yield was up less than 2 basis points to 4.225%, while the 2-year yield rose less than a basis point to 3.639%.

One basis point is equal to 0.01%, and yields move inversely to prices.

The major economic data release on Friday will be July’s personal consumption expenditures price index — an inflation gauge favored by the Fed — which will be released in the morning. Investors will parse through the data for more insights into the impact of tariffs on the U.S. economy.

Treasury yields little changed as investors await key inflation measure

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