Possible scenario
Negotiated De-escalation
23% Chance
The scale of U.S. aircraft losses increases political pressure for a pause and gives intermediaries an opening. A limited ceasefire or operational stand-down becomes plausible if both sides want to avoid further attrition.
Initial impacts
- Riskier companies' borrowing costs Down
- Market volatility Down
- 10-year Treasury yield Up
- Oil prices Down
- US dollar Down
Secondary impacts
- Consumer Services +2.0%
Portfolio impact
S&P 500+1.2%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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