U.S. equities ended their worst week in two years, and rate-hike fears that pushed markets into a correction remain as investors await U.S. inflation figures on Wednesday. The S&P 500 tumbled 5.2 percent in the week, its steepest slide since January 2016, jolting equity markets from an unprecedented stretch of calm. Signs mounted that jitters spread to other assets, with measures of market unrest pushing higher in junk bonds, emerging-market equities and Treasurys. Yields ended the week at 2.85 percent, near where they started, as Treasurys moved higher when equity selling reached frantic levels. The Treasury will sell $48 billion of three-month bills and $42 billion of six-month bills Monday.

Source: Washington Post February 09, 2018 22:41 UTC