Treasury yields inch higher as investors weigh Fed's latest rate cut

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U.S. Treasury yields inched higher on Thursday as investors digested the Federal Reserve’s latest interest rate cuts and uncertainty regarding future monetary policy.

At 6:22 a.m. ET, the benchmark 10-year Treasury yield was up less than 1 basis point to 4.066%. The 2-year Treasury note yield was also up less than a basis point to 3.59%. Meanwhile, the 30-year bond yield added 2 basis points to 4.624%.

One basis point equals 0.01% and yields and prices move in opposite directions.

Investors are weighing the Fed’s latest interest rate cut, which was widely expected and the second time policymakers cut rates this year.

Treasury yields inch higher as investors weigh Fed's latest rate cut

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