- Top laggard Vanguard Total International Bond ETF gave up 29 cents, or 0.59% yesterday IShares 1-3 Year Treasury Bond ETF (down 0.378%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
- European markets have struggled to gain ground and are now trading lower midway through the session.
Yesterday's trading session saw to it that leading equity indices in the US rose as S&P 500 gained 1.65% and closed at 3,919.29. Nasdaq ended the session at 11,428 after a 2.14% gain.
US markets are now currently closed and set to reopen today; meanwhile, European markets are down as CAC is down by 3.45%, reaching 6,895 upbeat Asia-Pacific markets ended today higher as KOSPI Composite Index added 1.31% to trade at 2,379.72.
3Rd quarter earnings season is mostly over, with Lufax Holding Ltd & Oracle releasing their earnings reports just this week.
Today's rise takes place amid mixed market indicators — United States Participation Rate (Feb) released Monday with a figure of 118.3, while the previous figure was 62.4.
Also worthy of note, as things stand, upcoming United States Retail Sales data is projected to fall short of market expectations with newly published data of -0.3%, following on from the preceding figure of 3%. New data is set to be published today at 12:30 UTC. United States Core Retail Sales projected to decline to -0.1% while previous data was 2.3%; data will be released today at 12:30 UTC. United States Producer Price Index projected to come out at 0.3% — worse than previous data of 0.7%; data will be released today at 12:30 UTC.
Yesterday's bullishness contained stragglers as Vanguard Total International Bond ETF closed at $48.63 having dropped 0.59%. IShares 1-3 Year Treasury Bond ETF (down 0.378%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
IShares 1-3 Year Treasury Bond ETF | Closed yesterday's session at $81.71
- IShares 1-3 Year Treasury Bond ETF hit a significant low of $80.51 around 7 days ago, but has since recovered 1.88%.
- After three days of gains, it is down 0.38% today.
- Shareholders to attain annual dividend yield of 0.793% this year
Having set a significant low of $80.51 7 days ago, iShares 1-3 Year Treasury Bond ETF is trading 1.88% higher. 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 0.793% for all eligble investors.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended yesterday's session at $25.35
Following a month of flat trade, Pointing in a similar direction, yesterday's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to close at $25.35 yesterday.