Every German Bund Will Soon Trade At -0.20%

Every German Bund Will Soon Trade At -0.20% Citi says bunds will be bought until yields converge on -0.20bps. In sum, yields on shorter-dated German paper will move up to the deposit facility threshold and with the 10-year yield sitting below 40bps, it won’t be long before the entire curve flattens at -0.20bps. http://www.zerohedge.com/news/2015-03-06/next-entire-german-bund-curve-020

February Jobs Report

February Jobs Report Wages remain sluggish, as average hourly earnings gained only 0.1 percent month-on-month, keeping annual growth at 2 percent. Second, the drop in the unemployment rate — to 5.5 percent from 5.7 percent — was driven by lower labor market participation. And in highlighting once again the divergent outlooks of the U.S. and…