- Yesterday's star of the day iShares U.S. Treasury Bond ETF appreciates 0.95% while outperforming its peers
- IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF was the biggest decliner yesterday after giving up 0.04%
- Asia-Pacific markets are down as Nikkei is down by 1.93%, reaching 27,682
Before today's session: markets did not have a clear cut direction — Dow Jones slipped 0.56% and closed at 34,400. Nasdaq closed at 11,482 after a flat day.
US markets are now currently closed and set to reopen today; meanwhile, Asia-Pacific markets are dropping as Nikkei is currently down 1.93% and trading around 27,682. European markets ended a mixed session yesterday whilst DAX rises to 14,500 (up 0.65%).
The iShares U.S. Treasury Bond ETF has gone up 0.95% to trade at $23.14, thereby indicating that government bond yields were downbeat across the yield curve.
This limbo state is reflected by market data published as United States ISM Manufacturing PMI (Nov) came out at 49, while a consensus of analysts was expecting 49.8. United States Core PCE Price Index (MoM) (Oct) released yesterday at 13:30 UTC with a figure of 0.2, while the previous figure was 0.5. United States Initial Jobless Claims improved upon its previous reading of 241,000 with a new data release of 225,000.
Data to be released today might clear up some of the market fog as today at 13:30 UTC data for United States Non Farm Payrolls will be released, with an expected decline to 200,000 from the preceding figure of 261,000. United States Unemployment Rate is expected today at 13:30 UTC.
While markets were generally sideways yesterday, these stocks pulled ahead as iShares U.S. Treasury Bond ETF up 0.95% trading at $23.14. Vanguard Mortgage-Backed Securities ETF is doing well and gains 0.823%.
With price action remaining lacklustre yesterday some stocks finished the session lower as iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF lost 0.04% yesterday before closing at $25.35.
Risk-on sentiment allowed VMBS to post 0.82% gain yesterday
A bright session dominated by bullish sentiment helped VMBS to close 36 cents higher, while setting a $46.05 to $46.36 session range.
An interesting day: iShares U.S. Treasury Bond ETF jumps to the $23 level
IShares U.S. Treasury Bond ETF made its largest single-day jump of $23 (0.95%) since Oct 3, and is now trading at $23.14.