MADRID (AP) — Spain’s finance minister insisted again Wednesday that the country does not need a full-blown bailout, even as the country’s sky-high borrowing costs remained at dangerous levels.

The interest rate, or yield, on the Spanish benchmark 10-year bond fell nearly 27 basis points to 6.73 percent, below the 7 percent level it has been hovering above since Monday. Such high rates are considered by market-watchers to be unsustainable over the long term rate and eventually forced Greece, Ireland and Portugal to ask for international financial help.