The yield on two-year notes hit session lows after the Treasury Department said it will delay an upcoming auction of two-year debt supply.
U.S. futures extended gains after the Chinese central bank cut interest rates for the sixth time since last November.
European markets jumped higher on Thursday, after the European Central Bank's president said that policy would be re-examined in December.
Crude prices turned negative on Thursday, after rallying with gasoline and as technical charts suggested a price rebound.
Gold fell to its lowest in more than a week on Thursday, pressured by a strong dollar and uncertainty over the timing of a U.S. Fed rate rise.
The euro tumbled on Thursday after European Central Bank President Mario Draghi said the bank discussed a further interest rate cut.
Asian stocks put up a mixed performance on Thursday, as investors kept a wary eye on China which recovered from the prior day's sudden sell-off.
U.S. stocks closed lower Wednesday, as investors took in fresh corporate earnings.
Bonds climbed after after Japanese trade data raised concerns about another recession in the world's third-largest economy.
U.S. stock index futures pointed to a sharply higher open on Thursday.
European equities ended trade mixed on Wednesday as investors digested mixed earnings, ahead of an ECB meeting on Thursday.
The dollar rose against emerging market and commodity-linked currencies on Wednesday.
Gold fell almost 1 percent on Wednesday for its biggest one-day loss in three weeks on technical selling and long liquidation as the dollar recovered.
Asia diverged on Wednesday, with China stocks posting its worst one-day performance in five weeks. By contrast, Japan's Nikkei 225 jumped on the back of easing hopes.
U.S. stocks closed lower Tuesday, with the Dow Jones industrial average snapping a three-day winning streak.
U.S. sovereign bonds slipped on Tuesday, pushing yields higher, as traders continued to digest the latest economic data from China ahead of a deluge of third-quarter earnings.
U.S. stock index futures indicated a slightly higher open on Wednesday, with investor's looking to Ferrari NV's first day of trading and a fresh slew of corporate earnings reports.
European equities closed down on Tuesday, as earnings reports and renewed concerns over China dominated investor sentiment.
Oil was lower Tuesday as declining U.S. production and "rebalancing" momentum offset expectations of Iranian barrels adding to oversupply.
Gold prices firmed on Tuesday as solid lending data helped the euro rebound against the dollar ahead of a European Central Bank meeting this week.
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Turkey only procures oil and gas from known sources and those who accuse it of buying from ISIS need to prove it, President Erdogan said on Thursday.
Shares of Spanish renewables giant Abengoa were down around 25 percent, a day after the company began insolvency proceedings.
The U.K. will put "security first," the finance minister said. Plus, he scrapped plans to cut welfare payments to low-paid workers.