Greek bond yields plummet on details of debt buyback.

Greek 10-year bond yields have plummeted 1.44 percentage points to 14.6% after the government said it would spend up to €10B buying back bonds through a modified Dutch auction. Greece will pay a minimum of 30.2-38.1% of the face value of the debt it's acquiring and a maximum of 32.2-40.1%. The repurchase program is part of measures that the Troika agreed last week to reduce Greece's debt burden.