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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.

In a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. The reduction came even as the Fed was flying blind on economic data due to the ongoing government shutdown.

In post-meeting statements, Fed Chairman Jerome Powell cast doubt on whether another rate cut is coming in the next meeting in December.

“In the committee’s discussions at this meeting, there were strongly differing views about how to proceed in December,” Powell said during his post-meeting news conference. “A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it.”

Elsewhere, investors also kept an eye on President Donald Trump and Chinese President Xi Jinping’s meeting in South Korea to discuss trade, which concluded on Thursday on a positive note.