German Bonds Post Weekly Gain on ECB; Greek Debt Falls

German 10-year bunds completed a weekly advance that sent yields down the most since September amid the prospect of European Central Bank stimulus and as political turmoil in Greece boosted haven assets.

Bund yields dropped yesterday to the lowest in a year as Greece’s 10-year securities extended a weekly drop after opinion polls suggested its governing coalition is losing support before elections for the European Parliament next week. That prompted a selloff in the debt of the euro area’s most-indebted nations. Italian and Spanish bonds had the first weekly loss in a month. Portugal’s 10-year securities declined as the country prepared to exit its financial bailout today.