That followed theIn both cases, many investors turned to traditionally safer assets like government bonds, sending yields lower.reflected a 0.1% price decline on a monthly basis. Economists had previously expected a 0.3% rise according to a Dow Jones survey.in February, in line with expectations.
The Federal Reserve is due to meet next week and will be making its latest interest rate decision then. Investors had been expecting a 50 basis point hike, but are now anticipating a smaller one of 25 basis points as they expect the Fed could prioritize stability in light of market turmoil. On Thursday, building permit figures and housing starts for February and weekly initial jobless claims are due.
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