Greek bonds drop most since election as default concern builds
World BusinessApr 18, 2015
Greece's government bonds had their worst week since the aftermath of Syriza's January election victory as the nation failed to make tangible headway in its efforts to secure funding and avoid a default.The yield on 10-year Greek debt climbed to the highest since December 2012 as the clock ticked down toward almost 1 billion euros ($1.1 billion) of payments due next month. German 10-year bonds rose in the week, pushing yields below 0.1 percent for the first time, after European Central Bank Pres