10-year Treasury yield is little changed amid ongoing uncertainty over U.S. economic outlook

preCharge News FINANCE — The 10-year Treasury note yield was relatively unchanged on Friday amid ongoing uncertainty looming over the U.S. economy and inflation levels as President Donald Trump presses ahead with his tariff campaign.

The benchmark 10-year Treasury note yield fell less than 1 basis point to 4.227%, and the 2-year Treasury yield was more than 3 basis points lower at 3.923%.

One basis point is equal to 0.01%. Yields and prices have an inverted relationship.

Symbol	Company	Yield	Change
US10Y	U.S. 10 Year Treasury	4.242%	+0.009
US1M	U.S. 1 Month Treasury	4.29%	-0.002
US1Y	U.S. 1 Year Treasury	4.039%	-0.022
US2Y	U.S. 2 Year Treasury	3.938%	-0.019
US30Y	U.S. 30 Year Treasury	4.586%	+0.03
US3M	U.S. 3 Month Treasury	4.292%	-0.002
US6M	U.S. 6 Month Treasury	4.235%	-0.002

Investors are mulling over the outlook for the future of the U.S. economy amid U.S. tariff impositions and rollbacks, with the Federal Reserve holding interest rates earlier this week, given ongoing uncertainty.

The Federal Open Market Committee left its key borrowing rate targeted in a range between 4.25% to 4.5%, in a widely expected move.

Fed officials also outlined their projections for the year ahead and said they expect another combined half-percentage point of rate cuts in 2025. The Fed prefers to move in quarter-percentage-point increments, meaning two reductions could take place this year.

Fed Chair Jerome Powell also noted that Trump’s tariffs — imposed on global trade partners — may lengthen the process of getting to price stability. “I do think with the arrival of the tariff inflation, further progress may be delayed,” Powell said at a press conference after the decision.

Trump’s tariffs on global trade partners have sparked concerns about the possibility of a recession amid slowing economic growth.

Investors can expect a flurry of economic data in the week ahead, including insights on existing home sales, mortgage lending rates, GDP growth and the personal consumption expenditures index on Friday.