The market is down 15% since its April peak, getting close to a decline of 20%, the threshold of entering a bear market.
FORBES: Earnings To Determine Whether A Serious Rally Erupts
The Spanish 10-year bond yield was at 5.32% Wednesday, well below its November peak in the 6.7% range and the 7% threshold which has been unsustainable for other countries in peripheral Europe.
FORBES: Citi Rings Warning Bell On Spanish Debt
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