The market reaction to the German election outcome was relatively modest. 10y Bund yields tracked towards 2.5%, underperforming modestly versus swaps. In part, this could just be an unwind of the ...

The German electorate has backed conservative Friedrich Merz to lead Germany, and by extension Europe, during a decisive stress test in trans- Atlantic relations. "For me, the absolute priority will ...

Germany's chancellor-in-waiting Friedrich Merz calls for European 'independence from US' as he blasts Trump and Musk - ...