Ceasefire odds plummet as Trump threatens Iran, traders eye May for movement
Trump’s threat of strikes on Iran and Iran’s warning of retaliation have plummeted ceasefire odds. The April 7 ceasefire market sits at 1.1% YES, down from 2% yesterday and 12% a week ago. The market’s drop shows traders’ pessimism amid escalating tensions. The April 15 market is at 6.5% YES, down from 22% a week…
