U.S. sovereign bond prices were lower on Monday as investors focused on a historic deal to cut oil production and eyed a key Federal Reserve meeting on Wednesday.
European stocks closed lower Monday amid continued political uncertainty in Italy while investors await another rate decision from the Fed.
U.S. bond yields climbed on the back of expectations of broadly higher inflation, driven by a 5 percent rise in global oil prices.
Oil rose by as much as 6.5 percent on Monday after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output.
Gold was dragged down by expectations that a possible U.S. rate hike this week would curb demand for the safe-haven asset.
Shares in China took a tumble on Monday after regulatory curbs on aggressive share purchases by insurers.
Stock futures pointed to a mixed open on Monday as traders paused for breath following U.S. equities' best trading week since the election.
U.S. equities closed at all-time highs on Friday, as the major indexes posted their best week since the election.
U.S. stock index futures pointed to a higher open on Friday as traders digested a surprise ECB announcement.
European stocks closed higher on Friday after the ECB announced an extension of its massive bond-buying program.
Oil prices traded higher on hopes that non-OPEC producers would agree to cut output to bolster OPEC's agreement to limit production.
Gold edged lower, weighed down by a stronger U.S. dollar and expectations of a Fed rate hike next week.
The ECB's extension of its easing program drove the single currency to its biggest daily loss against the dollar since the Brexit vote.
Stocks rose, notching fresh record highs, as a post-U.S. election rally continued following a key monetary policy announcement from the ECB.
US government debt prices fell as investors focused on the ECB's surprise announcement on Thursday and digested key economic data.
U.S. government debt prices fell on Thursday after the European Central Bank held interest rates steady.
Shares in Europe bounced back and closed higher on Thursday after the ECB announced further monetary stimulus.
Asian markets were exuberant on Thursday, buoyed by China November trade data beating forecasts.
Gold fell as the market focused on the central bank's move to extend its quantitative easing programme until the end of 2017.
Stocks closed higher as the Dow and S&P hit new record highs, while investors awaited a monetary policy announcement from the ECB.