Specialists Jay Woods (right) and Thomas McArdle work on the floor of the New York Stock Exchange on Thursday. The market’s recent decline was set off by a sharp drop in bond prices and a corresponding increase in yields last week and early this week.

Specialists Jay Woods (right) and Thomas McArdle work on the floor of the New York Stock Exchange on Thursday. The market’s recent decline was set off by a sharp drop in bond prices and a corresponding increase in yields last week and early this week.