Bonds were sideways in the beginning in the overnight session. Then they improved moderately after newswires from Iran’s Mehr news firm detailing some specifics of the peace deal, including the U.S. withdrawing forces from the location. Bonds then started offering as numerous push-back headlines popped up. Deal not completely confirmed. No place identified. Offer still under evaluation. No finalizing day confirmed. and so on. With nothing meaty on the calendar and no final finalizing even reported to be in the cards until next week, we’ll a minimum of the next 3 days waiting for any genuine rejection of the peace offer claims. So far, Iran’s responses have disappointed previous rejections. Therefore, the marketplace is quite sure we’re close, and most of yesterday’s gains are intact.
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