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Bund yields fall as oil drops; German election worries fade

Euro area benchmark Bund yields dropped on Monday, driven by a steep fall in oil prices, while investors largely shrugged off regional-election gains by the AfD and a far-left party.

IT10Y

Euro area benchmark Bund yields fell on Monday as a steep drop in oil prices drove the move, while investors largely brushed off gains by the far-right Alternative for Germany (AfD) and a far-left party in regional elections. German Chancellor Friedrich Merz, who was clinging to po…