WS #8112
No material new developments in the last 30 minutes. The dominant Iran deal narrative remains stable with no new data points. No counter-signals or non-dominant-narrative developments emerged.
Key developments
- US and Iran agree in principle to reopen Strait of Hormuz, 60-day ceasefire memo being finalized
- 30-Year Treasury yield soars to 5.18% amid bond market rout
- Hassett sees room for Fed rate cuts if energy prices fall
- Disney's 'The Mandalorian and Grogu' opens with $102M, lowest Star Wars opening for Disney
- Lufthansa warns of $2 billion additional fuel costs from Strait of Hormuz closure