Long U.S. Treasury, Short German Bund

Long U.S. Treasury, Short German Bund U.S. Treasury yields plunged on Friday after a relatively weaker jobs report. 10-year fell as low as 1.829% after closing at 1.904%. With the unemployment rate remaining steady at 5.5%, the 126,000 non-far payrolls falls short of economists expectation of 245,000. It is also less than half February’s pace,…