While investors will continued to watch the latest in the bond market as concerns over higher interest rates weighed.
The Labor Department is set to release its monthly Consumer Price Index (CPI) data on Wednesday, the next inflation update for investors. That report, along with the Producer Price Index (PPI) data on Thursday, will be scrutinized by both traders and Federal Reserve officials for any signs of price movement in the economy.
Any hint of rising inflation could push yields higher, a fear which helped spark last week's big equity sell-off.
Volatile trading has continued across markets worldwide this week, keeping investors on edge. On Monday, the U.S. 10-year Treasury yield hit a new four-year high during trade, while U.S. stocks finished on a positive note, with the Dow Jones industrial average closing more than 400 points up.
Looking to the Fed, Cleveland Fed President Loretta Mester is expected to comment on monetary policy and its outlook at the Dayton Area Chamber of Commerce's government affairs breakfast in Dayton, Ohio.