1. Preheat broiler to high.
2. Place granola on a jelly-roll pan, spreading evenly. Broil 2 minutes, stirring after 1 minute.
3. Melt butter in a large nonstick skillet over medium heat. Add peaches to pan; cook 3 minutes, stirring occasionally. Add sugar and cinnamon to pan; cook 1 minute or until sugar melts, stirring occasionally. Spoon about 2/3 cup peach mixture in each of 4 shallow bowls. Top each serving with 2 tablespoons granola and 1/4 cup yogurt.