Greek Bonds Drop as Euro-Area Meeting Deadlock Continues: Chart

Greek bonds slumped on Friday after German Finance Minister Wolfgang Schaeuble said “time is running out” for Athens to get more aid. The yield on 10-year notes was headed for the biggest increase since Dec. 15. A meeting of euro-area finance ministers in Brussels Thursday ended with few indications of how Greece and its creditors will agree further government belt-tightening.

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