ECONOMY

Greek bonds rise on hopes of deal with creditors

Greek government bonds advanced for the first time in five days on Tuesday on speculation the country and its international creditors are moving toward an agreement that will help ensure Greece isn’t left short of funds.

The three-year yield dropped 157 basis points, or 1.57 percentage points, to 19.51 percent.

The rate had climbed 308 basis points on Monday.

[Reuters]