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A bond market test, rebound in tech, and a U.S.-led global recovery.

While the Treasury market is calm this morning with the yield on the 10-year instrument holding below 1.55%, a series of auctions this week could test sentiment. Low demand at a seven-year bond sale last month was a catalyst for driving yields higher, so today's auction of $58 billion three-year notes will be closely watched for faltering demand. There are $38 billion of 10-year bonds slated for sale tomorrow and $24 billion of the 30-year instrument on Thursday. Analysts still see the yield on the 10-year Treasury hitting 2% on a rapid repricing back to a normal economy.