The fears over Greece seems, as of this writing, to be dissipating. It appears that they will get enough private sector participation to avoid an ugly default but the question is whether credit default swaps will be triggered. There are rumors coming out of the Euro Zone that the Greek government may have 95% private sector participation in the debt swap. If this is the case credit default swaps will not be triggered. We'll know more when the news is released at 1 AM EST tomorrow morning.
Here's some charts as of the close of business today: