## Market Snapshot
The market for a US-Iran agreement or ceasefire extension by June 7 is currently priced at 40.5% YES, down from 67% 24 hours ago. This reflects a significant decline in confidence following the breakdown of the ceasefire.
## Key Takeaways
– Market pricing suggests a decreased likelihood of a US-Iran ceasefire extension by June 7. – The breakdown of the ceasefire appears to lower the probability of upcoming diplomatic meetings. – Israel-Hezbollah peace market remains stable, indicating little impact from US-Iran tensions.
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