U.S. Treasuries End Higher After Volatile Session Amid Tariff Uncertainty

U.S. Treasury prices closed moderately higher on April 13, 2026, following a choppy trading session as investors weighed ongoing trade policy uncertainty and its implications for Federal Reserve rate decisions. The benchmark 10-year Treasury yield edged lower, reflecting modest safe-haven demand, while shorter-duration notes also gained ground. Trading was described as volatile intraday, with prices swinging in both directions before settling near session highs. Market participants cited unresolved tariff tensions and mixed economic signals as key drivers of the day's erratic price action. Traders remain cautious ahead of upcoming inflation data and Fed commentary, which are expected to provide clearer guidance on the interest rate trajectory. The bond market's resilience suggests investors continue to seek safety amid broader macroeconomic uncertainty, even as equity markets remain sensitive to trade-related headlines.