finance
Proposed U.S.-Iran Deal Brings Relief to Equities and Bonds but Headache for Prediction Markets
A proposed agreement to end hostilities between the United States and Iran was announced. Equities and bond traders saw relief while prediction markets faced new uncertainty.
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A proposed deal to end hostilities between the United States and Iran was announced. Equities traders received a measure of relief on Monday due to the proposed deal.
Prediction markets received a new headache due to the proposed deal. @business reported the announcement and its immediate effects across asset classes. The same source noted that the relief for equities and bonds stood in contrast to the uncertainty introduced for prediction markets.
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