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Bund yields fall as oil prices ease after German election

Euro area benchmark Bund yields dropped Monday, tracking weaker oil prices and reacting only mutedly to weekend German regional election gains by AfD and a far-left party.

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Euro area benchmark Bund yields fell on Monday, following a drop in oil prices and showing a limited reaction to gains by the far-right Alternative for Germany (AfD) and a far-left party in regional elections over the weekend. German Chancellor Friedrich Merz said he would speed up reforms to move Ger…