Mark Matthews of Bank Julius Baer says if Congress were to win with a coalition then he would be a seller.
New evidence of sluggish U.S. jobs growth and dovish tones from Federal Reserve officials have pumped up expectations that the central bank could announce a new easing program after its meeting Wednesday and Thursday.
Mohammed Apabhai of Citi says the move in the US 10-year yields had caught market by surprise.
Asian shares fell on Monday as a sharp slowdown in US jobs growth raised concerns about the strength of the world's largest economy, prompting investors to curb risk exposure ahead of more US data and earnings as well as figures from China this week.
US jobs growth evaporated in August, increasing the risk the country could slip back into recession and raising pressure on President Barack Obama and the Federal Reserve to act quickly to boost growth.