LONDON, April 4 German Bund futures rose more
than half-a-point on Friday after a slightly weaker than
expected U.S. jobs report and with investors mulling over the
European Central Bank's hints about potential asset purchases.
Nonfarm payrolls increased by 192,000 new jobs last month
after rising 197,000 in February, the Labor Department said.
Economists had expected a 200,000 increase.
Bund futures were last 54 ticks higher on the day
"It's positioning ... the market was quite short into these
numbers. It is perceived to be the first clean jobs report that
doesn't have the weather effect in it and some people we quite
disappointed," one trader said.
ECB President Mario Draghi said on Thursday the governing
council had discussed the option of printing money at its April
German newspaper Faz reported on Friday the ECB has modelled
an asset purchase programme that showed 1 trillion euros of
securities buying would increase inflation 0.2-0.8 percent.
(Reporting by Marius Zaharia; Editing by John Geddie)