Midway through earnings season, Pinduoduo and UroGen Pharma Ltd. are in line to report next
Friday's star of the day iShares U.S. Treasury Bond ETF appreciates 1.41% while outperforming its peers
Asia-Pacific markets are currently lower as trading gets underway.

Before today's session: leading equity indices in the US declined as S&P 500 was down 1.45% before closing the session at 3,861.59. Nasdaq closed at 11,139, a 1.76% change.

Trading in the US will continue today in around 12 hours time, meanwhile Asia-Pacific markets are dropping as Nikkei is down by 1.17%, reaching 27,800 European markets were down Friday as FTSE is currently down 1.67% and trading around 7,748.35.

Investor risk appetite was subdued as stocks were sold off in favour of perceivably safer alternatives such as government bonds. The iShares U.S. Treasury Bond ETF has gone up 1.41% to trade at $23.05, thereby indicating that government bond yields were downbeat across the yield curve.

3Rd quarter earnings season is mostly over, with Oracle and The Toro Company releasing their earnings reports just this week.

Looking ahead, ongoing depreciation may be prolonged as projections for United States Retail Sales are set for a continuation of decline with -0.3% while previous data was 3%; data will be released Wednesday. As things stand, upcoming United States Core Retail Sales data is projected to fall short of market expectations with newly published data of 0.2%, following on from the preceding figure of 2.3%. New data is set to be published Wednesday. Wednesday data for United States Producer Price Index will be released, with an expected decline to 0.3% from the preceding figure of 0.7%.

While markets are generally down so far today, some assets outperformed such as iShares U.S. Treasury Bond ETF gained 1.41% to reach $23.05. IShares Core Total USD Bond Market ETF (up 1.05%) and iShares 1-3 Year Treasury Bond ETF (up 0.545%) also performed well Friday.

IShares U.S. Treasury Bond ETF | Closed +1.41% at $23.05

Over the past 11 months, iShares U.S. Treasury Bond ETF has retreated 9.75% from a noteworthy peak of $25.18.
The sentiment that generated 11.5 cents in cumulative gains over the past 3 days was further evident for iShares U.S. Treasury Bond ETF.

IShares U.S. Treasury Bond ETF is now trading 9.75% below the significant high of $25.18 it set around 11 months ago.

IShares 1-3 Year Treasury Bond ETF | Up 0.54% to $81.21 Friday

IShares 1-3 Year Treasury Bond ETF is on a 3 day bullish run gaining 26 cents (0.869%). It was more of the same for iShares 1-3 Year Treasury Bond ETF Friday — after finishing Thursday at $80.77, iShares 1-3 Year Treasury Bond ETF went up to $81.22 before paring its losses and closing at $81.21. The fund disclosed a quarterly dividend of 16.2 cents per share on Tuesday, February 28th and was paid on Tuesday, March 7th — thereby generating a yield of 0.798% for all eligble investors.