Greek Bonds Rise for First Time in 5 Days on Hint of Compromise
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Greek government bonds advanced for the first time in five days on speculation the nation and its international creditors are moving toward an agreement that will help ensure Greece isn’t left short of funds.
The advance pared a slump on Monday that pushed three-year yields up by the most since 2012. Greek stocks rose for the first time in four days. Finance Minister Yanis Varoufakis is due to meet with his 18 euro-area counterparts on Wednesday to propose a short-term funding program meant to allow Greece to revise current bailout conditions and negotiate a new program.