- IShares MBS ETF suffered relatively more than others yesterday after 0.52% dip Vanguard Mortgage-Backed Securities ETF (down 0.493%), 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.
Ahead of today's session: markets completed a mixed session yesterday while after dropping 0.17%, Dow Jones closed at 33,619. Nasdaq ended the session at 12,257 after a 0.18% gain.
US markets are set to open today in around 11 hours. In the meantime, Asia-Pacific markets are in session with varied performances. European markets closed higher yesterday whilst FTSE moves up by 0.98%, reaching 7,778.38.
Iovance Biotherapeutics, Inc. and Hawaiian Electric Industries, Inc. have released their earnings reports; Cyren Ltd. & Spectrum Brands Holdings, Inc. will publish their respective reports in due course.
Data to be released today might clear up some of the market fog as United States Consumer Price Index is expected tomorrow at 12:30 UTC. United States Producer Price Index is projected to outperform its last figure with 0.3%. It previously stood at -0.5%; data will be released Thursday. United States Crude Oil Inventories expected to decline to -1.6 million while its preceding data was -1.28 million, data will be available tomorrow at 14:30 UTC.
With price action largely muted in yesterday's session, several assets struggled to find momentum as iShares MBS ETF lost 0.52% yesterday before closing at $94.33. Vanguard Mortgage-Backed Securities ETF (down 0.493%), 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.
Yesterday's 0.49% loss extends a 4 day bearish run in which Vanguard Mortgage-Backed Securities ETF had already lost 24 cents from its share value. 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 1.05% for all eligble investors.