## Market Snapshot

In the “US announces new Iran agreement/ceasefire extension by June 7” market, YES is priced at 52.5%, up from 36% over the past 24 hours. The “Iran agrees to end enrichment of uranium by December 31” market shows a 56% YES probability, slightly down from 57% yesterday.

## Key Takeaways

– Pricing suggests that diplomatic efforts are not yielding new agreements, consistent with decreased expectations for a ceasefire extension by June 7. – The news indicates that Iran’s firm stance on enrichment rights may affect the likelihood of an agreement by December 31. – Current developments appear consistent with scenarios where the U.S. fails to achieve a rollback of Iran’s nuclear program.

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