Leaked US demands may stall Iran nuclear deal progress

## Market Snapshot

US-Iran Nuclear Deal by May 31 is priced at 7.5% YES, down from 9% in the last 24 hours. The Israel-Iran Permanent Peace Deal by June 30 is at 13% YES, dropping from 16% yesterday. The US obtaining Iranian enriched uranium by May 31 is priced at 5.5% YES, slightly down from 6% over the past day.

## Key Takeaways

– The leaked U.S. demands appear to decrease the likelihood of a US-Iran nuclear deal by May 31, as pricing suggests. – The demands could indicate a reduced probability of a permanent peace deal between Israel and Iran by June 30. – The expectation of the U.S. obtaining Iranian enriched uranium by May 31 appears to have decreased.

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