On Monday, the Chicago purchasing managers' index for November came in at 48.7, below the October reading of 56.2.
Pending home sales rose 0.2 percent in October, the National Association of Realtors said.
Yields on 10-year Treasurys traded around 2.212 percent on Monday, after closing at 2.22 percent on Friday in a shortened trading session, after markets closed early.
Meanwhile, 30-year bond yields briefly climbed back over the 3 percent handle, before trading at 2.979 percent. For November, the U.S. 2-year note yield posted its biggest monthly rise in more than five years, according to The Wall Street Journal.
In the coming week, there are also several important Fed appearances, including two by Chair Janet Yellen. She speaks to the Economic Club of Washington on Wednesday and testifies before the congressional Joint Economic Committee on Thursday, giving her opportunities to reinforce the Fed's message on the potential for a December rate increase.
The dollar, currently trading around $1.057 against the euro, spiked to its highest level in over eight months against a basket of currencies. It will be closely watched this year as the diverging paths of the Federal Reserve and ECB come into focus.