IShares Core Total USD Bond Market ETF suffered relatively more than others yesterday after 0.98% dip Vanguard Mortgage-Backed Securities ETF (down 0.942%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
Asia-Pacific markets are currently mixed so far this session.

A reminder of where yesterday ended before today's session begins: markets did not have a clear cut direction — Dow Jones was down 0.14% before closing the session at 34,052. Nasdaq closed at 12,200 after a flat day.

US markets are set to open today in around 8 hours. In the meantime, Asia-Pacific markets are in session with varied performances. European markets closed higher yesterday whilst FTSE added 0.5% to trade at 7,870.57.

The US yield curve struggled to maintain its balance as bond yields rose across the board. The iShares U.S. Treasury Bond ETF declined 0.88% to trade at $23.18.

3Rd quarter earnings season is mostly over, with T. Rowe Price Group Inc and Western Union Co releasing their earnings reports just this week.

This limbo state is reflected by market data published as United States ISM Manufacturing PMI (Apr) came out at 47.1, while a consensus of analysts was expecting 46.8. United States ISM Manufacturing Prices (Apr) released yesterday at 14:00 UTC with a figure of 53.2, while the previous figure was 49.2. United States ISM Manufacturing Employment (Apr) released yesterday at 14:00 UTC with a figure of 50.2, while the previous figure was 46.9.

Data to be released today might clear up some of the market fog as United States Crude Oil Inventories is projected to outperform its last figure with -1,000,000. It previously stood at -5 million; data will be released tomorrow at 14:30 UTC. United States Interest Rate figure is projected at 5.25. It previously stood at five; data will be released tomorrow at 18:00 UTC. Projections for United States Initial Jobless Claims are set for a continuation of decline with 240,000 while previous data was 230,000; data will be released Thursday.

Despite lacklustre price action, some assets lagged behind their peers as iShares Core Total USD Bond Market ETF lost 0.98% yesterday before closing at $45.67. Vanguard Mortgage-Backed Securities ETF (down 0.942%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.

Vanguard Mortgage-Backed Securities ETF | -0.94% at $46.11

Having set a significant low of $43.58 6 months ago, Vanguard Mortgage-Backed Securities ETF is trading 6.81% higher.
Shareholders to attain annual dividend yield of 1.02% this year

Vanguard Mortgage-Backed Securities ETF hit a significant low of $43.58 around 6 months ago, but has since recovered 6.81%. The fund disclosed a quarterly dividend of 11.8 cents per share on Monday, December 26th and was paid on Monday, March 6th — thereby generating a yield of 1.02% for all eligble investors.

IShares Core Total USD Bond Market ETF | -0.98% at $45.67

A tough session dominated by bearish sentiment left IUSB 45.13 cents lower, while setting a $45.64 to $46 session range. The fund disclosed a quarterly dividend of 12.5 cents per share on Friday, March 31st and was paid on Friday, April 7th — thereby generating a yield of 1.09% for all eligble investors.