Greek Securities Tumble as Negotiations Raise Specter of Crisis

Greece’s bonds dropped, with yields on the country’s 2017 notes rising the most in two months, as negotiations over the future of its financing stoked concerns of renewed turmoil in the nation.

Greek securities fell as government officials returned to work after the Orthodox Easter break to resume talks to unlock financing and keep the country afloat. Baring Asset Management said Tuesday it sold its holdings in Greece’s five-year bonds two weeks ago, while the International Monetary Fund said that a crisis in the nation cannot be ruled out.