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Markets Are Rallying Again

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The market continues to rally, especially in Europe.

Italy is up 0.9%.

Germany is up just a little.

Spain is up 0.5%.

There's impressive action on the sovereign debt side of things, as yields continue to drop. This was a major story yesterday, and is again so today.

US futures are up just modestly.

China, which has been getting pulverized, was down for much of the trading day, though it ended higher.

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