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Markets sag lower ahead of CPI next week. Disney, Yahoo, New Corp, Zoom among latest firms to announce layoffs. Up to 25,000 deaths from the dual earthquakes that hit Turkey and Syria.
Market rally continues to fade, bonds see the strong sell. Commodity prices holding up the best.
China and EM sell off led this round.
Commodity bid driven by a sharp rally in energy.
Treasury curve adjusts to higher for longer this week.
Mortgage yields form a bottom at 6%.