Euro area benchmark government bond yields fell on Monday, tracking a decline in oil prices as investors focused on the potential for easing inflation pressures from lower energy costs. The move came despite political developments in Germany, where the far-right Alternative for Germany (AfD) and a far-left party made gains in regional elections over the weekend.
Germany's 10-year Bund yield fell 4.5 basis points to 3.48%, almost fully reversing Friday's increase, according to Reuters.
