Greek Bonds Advance With Spain’s as Loan Agreement Seen Closer
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Greek government bonds climbed for the first time in three days, as an administration official said the nation planned to request a six-month extension of its international loan agreement.
Spanish, Portuguese and Italian securities also rose, while a decline in German bunds sent 30-year yields to the highest this month. The potential for a Greek deal eased tensions, after talks on financial support had broken down on Monday. Prime Minister Alexis Tsipras’s government intends to make the request Thursday, according to the official, who spoke on condition of anonymity.