In overnight news, a German two-year note auction saw the notes (also called Schatz) fetch strong demand with a yield of only 0.06%.
"There is more pork with one vote than they have ever passed in their lives, " said Tom Schatz of Citizens Against Government Waste.
Having someone like an Aaron Schatz from Football Outsiders on is really terrific, because he obviously does high quality work that is acknowledged to be high quality.
And a gloomy prediction by Paul Schatz, President of Hermitage capital, saying that the stock will drop 50-70 percent, added fuel to the negative market sentiment for Apple.
"The power of incumbency was on full display when Rep. Charlie Rangel won his primary on Tuesday, " said Thomas Schatz, president of Citizens Against Government Waste, a watchdog group.
CNN: Rangel as resilient as Harlem-area district he represents
The ship's commanding officer, Captain Norbert Schatz, reportedly threatened to return the trainees to Germany and declare them unfit for service, according to testimony from several of them cited in the report.
One character trading on the Eurex system, a trader known as the Flipper, occasionally posted an offer to sell a large position in contracts on the Schatz, the two-year EU government bond, at a low price.
For now, however, investors focused on the short-end of the curve lapping up both euribor and the two-year schatz contracts helping remove downward pressure on bonds that has recently lifted yields to the highest in 29 months.
One such character trading on the Eurex system, a trader known as the Flipper, occasionally posted an offer to sell a large position in contracts on the Schatz, the two-year EU government bond, at a low price.
The German yield curve initially steepened following a higher than forecast reading of consumer prices during March, but as selling picked up around the periphery of the Eurozone, even the inflation-sensitive two year schatz reversed course sending yields lower along the yield horizon.
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According to a study conducted by Schatz Energy Research Center at Humboldt State University, electrical use per household in urban areas of Humboldt County has shot up 50 percent since 1996, while in Arcata and more rural areas, household electricity use has jumped 60 percent.
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