Major stock markets moved slightly higher on Monday as investors welcomed a period of stability in government bond yields. The modest gains reflected cautious optimism, with traders waiting for fresh economic data that could shape expectations for growth, inflation and central bank policy.

The steady tone in bond markets helped ease some of the pressure that has recently weighed on risk assets. With yields no longer climbing sharply, equities found limited support, though the mood remained restrained rather than bullish.

Market participants are now focused on a slate of upcoming releases that could provide a clearer picture of the global economy. Those figures may influence how investors price interest-rate moves in the months ahead, particularly if they confirm slowing inflation or softer activity.

For now, the message from markets is one of patience. Stocks are advancing, but only modestly, as traders position themselves ahead of data that could quickly shift sentiment in either direction.