The Treasury auctioned $32 billion in two-year notes at a high yield of 0.447 percent. The bid-to-cover ratio, an indicator of demand, was 3.35.
European shares closed higher on Tuesday, starting a shortened trading week on a positive note.
A record Japanese trade deficit in the fiscal year fueled the dollar's rise against the yen, but tensions in Ukraine were likely to limit losses.
Oil plunged as investors anticipated rising production and inventories in the world's top oil consumer, downplaying events in Ukraine.
The European Central Bank's Mario Draghi made clear the euro's strength is a possible trigger to ease monetary policy.
The US dollar was weakened by falling equity prices, Treasury yields, and a slower-than-expected expansion in the US manufacturing sector.
Asian equities were mixed on Tuesday as investors were cautious about the prospect of further U.S. sanctions on Russia.
U.S. stock index futures pointed to a lower open on Tuesday, ahead of first-quarter earnings early in the day from three Dow-listed companies.
Stocks rose on Monday after the S&P 500's largest weekly advance since July.
U.S. Treasury yields were little changed on Monday after recent strong economic data and last week's efforts to settle unrest in Ukraine.
Gold fell to a two-and-a-half-week low on Monday, hurt by sharp ETF outflows and a stronger dollar.
The dollar fell against a basket of currencies on Thursday after Federal Reserve chief Janet Yellen reiterated an accommodative monetary policy stance.
European shares closed higher on Thursday, as investors focused on Wall Street earnings and the latest U.S. jobs data.
The yen slipped to 10-day lows against the dollar on Friday following upbeat U.S. economic data and hopes for an end to violence in Ukraine.
Stocks wavered between gains and losses on Thursday amid a slew of quarterly earnings.
U.S. bonds held modest losses on Thursday, as dovish remarks from Janet Yellen and rising demand for stocks softened demand.
Brent crude futures turned lower after Russia said top diplomats have agreed to take immediate steps toward calming tensions in Ukraine.
Oi fell as investors weighed tension between Russia and Ukraine against prospects of a recovery in Libyan supply.
US markets were poised for a higher open with results from Netflix and Kimberly-Clark and an anticipated Alibaba prospectus in focus.
Oil strengthened slightly as traders saw little new to temper worries over tensions in Ukraine.
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Emerging economies risk “leading the world economy into a slump,” with lower growth and a rout in financial markets, the Financial Times reports.
Dilma Rousseff of Brazil announced Friday that she was cutting her salary by 10%, reducing the size of her cabinet and slashing thousands of jobs, the NYT reports.
U.S. President Barack Obama warned Russia on Friday that its bombing campaign against Syrian rebels would suck Moscow into a "quagmire."