From the WSJ: Eurogroup to Approve Greek Aid on Saturday. The WSJ reports the euro zone Finance ministers will hold a conference call tomorrow and are expected to approve the disbursement of the next tranche of aid (€12 billion). They are also expected to discuss the next bailout.
The yield for Greek 2 year bonds is down to 26.4%, and the 10 year yield is down to 16.3%. Portuguese and Irish 10 year yields are down too (11.6% for Ireland, 10.8% for Portugal).