A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013.
"The sell off in back-end rates is concerning," Anshul Sehgal, Goldman Sachs co-head of U.S. rates trading, said in an emailed note to clients.
Futures on Wall Street , , are signaling a slightly higher open, although European equities (.STOXX) are shedding around 0.4% - playing catch up following a late drop on Wall Street on Friday - and Asian shares were a fraction lower on Monday.
The more upbeat Wall Street mood might be because a tightening in financial conditions could give the Fed another excuse to ease off the pedal when it comes to further tightening or even cut rates sooner.
Meanwhile, the number of companies reporting earnings is set to slow sharply, with 33 S&P 500 (.SPX) and 55 STOXX 600 companies reporting this week, according to Deutsche Bank.
Persons:
Carlo Allegri, Samuel Indyk, Sehgal, Goldman Sachs, Goldman's Sehgal, June's, Bowman, Bernadette Baum
Organizations:
New York Stock Exchange, REUTERS, Bank of Japan, Treasury, Wall, Fed, CPI, Deutsche Bank, Reuters, Tyson Foods, Thomson
Locations:
New York, U.S