U.S. Treasury yields were lower on Friday as investors awaited the release of a key inflation reading — the most anticipated data of the week.

The Federal Reserve’s preferred measure of underlying inflation rose at a mild pace in January, offering some relief after a string of reports suggested price pressures are heating up again, while consumers pulled back on spending.

The Federal Reserve's preferred inflation measure cooled slightly in January, according to government data published Friday, although it remained stuck above the bank's long-term target. While inflation has remained stuck above the bank's long-term two percent target,

U.S. Treasury yields were higher on Thursday as investors anticipated further economic data and digested Trump’s latest tariff threats.

The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.15%. March E-mini S&P futures (ESH25) are up +0.