Iran War Headlines
There was no relevant economic data posted this morning. The early gains in both stocks and bonds are almost exclusively due to a couple of pieces of news regarding the Iran and the Middle East. First, there seems to be confirmation of peace talks resuming with Iran, possibly this weekend. That shows there may be progress towards ending the war. On that note, some of the details of the negotiations are starting to come to light. One that drew plenty of attention was rumor that Iran was willing to give up its enriched uranium (needed for a nuclear weapon) if the U.S. was to unfreeze the approximately $100 billion in Iranian assets that are currently frozen across the globe. The fact that Iran is considering giving up the uranium for something that the U.S. may be willing to agree to gives hope that a peace deal may in fact be able to be reached.