Greek 10-Year Yields Drop to Six-Month Low After Austerity Vote

Greek government bonds advanced, pushing 10-year yields to the lowest level in six months, after lawmakers approved additional austerity measures required to unlock more emergency loans.

Yields on notes due in 2017 slid by the most in almost two weeks, signaling concern that investors may not get repaid in the short term has eased. Greece may get as much as 11 billion euros ($12.3 billion) after the completion of a bailout review by its creditors, according to a draft of a European Commission completion report. Greek stocks posted the biggest gains in western-European markets.