Top laggard Vanguard Mortgage-Backed Securities ETF gave up 29 cents, or 0.63% yesterday IShares 1-3 Year Treasury Bond ETF (down 0.282%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
FTSE is up by 1.56%, hitting 7,607.28.

Ahead of Monday's session: leading equity indices in the US rose as Dow Jones ended the session at 33,763 after a 2.12% gain. S&P 500 closed the day at 4,282.37, having gained 1.45%.

US markets are currently closed but will resume Monday in around 2 days time. European markets closed higher yesterday whilst FTSE jumps by 1.56%, reaching 7,607.28. Upbeat Asia-Pacific markets ended yesterday higher as KOSPI Composite Index added 1.25% to trade at 2,601.36.

3Rd quarter earnings season is mostly over, with Aurora Cannabis Inc. and Signature Bank releasing their earnings reports just this week.

Uptick coincides with some positive signs published earlier as United States Non Farm Payrolls improved upon its previous reading of 294,000 with a new data release of 339,000.

On a negative note, the market received some disappointing news as Average Hourly Earnings in United States fell short of market expectations (0.4%) with a reading of 0.3%, continuing the decline from the previous figure of 0.4%. United States Unemployment Rate fell short of the 3.5 projections, with new data of 3.7.

Furthermore, the market is looking at United States Services PMI figure is projected at 55.1. It previously stood at 53.6; data will be released Monday. United States ISM Non-Manufacturing PMI (May) is expected Monday.

Yesterday's bullishness contained stragglers as noticeable risk-on sentiment wasn't enough to prevent Vanguard Mortgage-Backed Securities ETF giving up 29 cents, or 0.63%, before ending the session at $45.89. IShares 1-3 Year Treasury Bond ETF (down 0.282%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.

IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF has been pretty quiet for the last a month, trading mostly flat and moving by only 0.02 cents on average.

Vanguard Mortgage-Backed Securities ETF | Closed down 0.63% at $45.89 yesterday

Vanguard Mortgage-Backed Securities ETF's bearish run has lasted 3 days so far (-3 cents). More of the same from yesterday's session: a tough session dominated by bearish sentiment left VMBS 29 cents lower, while setting a $45.88 to $46.2 session range. The fund disclosed a quarterly dividend of 12.2 cents per share on Thursday, April 27th and was paid on Thursday, May 4th — thereby generating a yield of 1.06% for all eligble investors.