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[MARKET UPDATE] Equity and fixed income futures dip while oil futures and bond yield hit sessions highs; price action seemingly after Iran reiterated no talks will happen until attacks stop, with no delegation heading to Pakistan ahead of Saturday talks

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Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes