There have been various comments from U.S. officials about ending the war for several weeks (i.e. on March 9th, Trump said the war could be over soon). Yesterday's developments (Trump comments on the war being "won" and the 30-day ceasefire news from Israel) are being taken more seriously by markets or at least seriously enough to get trading levels back to where they were after Monday morning's ceasefire/talks news. Oddly enough, oil prices and bond yields are holding onto the gains despite Iran refuting negotiation claims and launching another wave of air strikes.
Roughly Unchanged After Moderate Headline-Driven Volatility
Roughly Unchanged After Moderate Headline-Driven Volatility
As has been the recent custom, there were dueling headlines concerning the Iran war today with opposing claims regarding the status of the Israel/Leba…