(Bloomberg) -- Turmoil returned to global markets as oil plunged and U.S. stocks sank to the lowest levels in 21 months, fueling a rush into haven assets.

Corporate results exacerbated the rout, sending MSCI's gauge of global equities to the brink of a bear market. Russia's ruble and Mexico's peso fell to records, while bets mounted on an end to Hong Kong's dollar peg. Yields on 10-year Treasuries dropped below 2% and the yen jumped to a one-year high.

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