Greek 10-Year Bond Yield Drops Below 20%, 1st Time Since March

Greek 10-year bonds advanced, pushing the yield on the securities below 20 percent for the first time since March 29.

The yield dropped as much as 55 basis points, or 0.55 percentage points, to 19.99 percent, and was at 20.03 percent as of 3:02 p.m. London time.