Donald Trump Outlines Terms for U.S. Withdrawal from Iran

Donald Trump announced on April 1, 2026, that American forces would leave Iran in two or three weeks, stating the U.S. would end its war "whether we have a deal or not." The president revealed that the Iranian president has requested a ceasefire, though he conditioned U.S. consideration of such an agreement on the Strait of Hormuz being "open, free, and clear."

Secretary of State Marco Rubio supported these developments, suggesting the end of the conflict could be near. These statements triggered immediate global market reactions. Japanese government bond yields fell sharply as investors reacted to the prospect of de-escalation and domestic banks restructured portfolios for the new fiscal year. U.S. equities also saw significant gains.

Conversely, the geopolitical tensions continued to impact other markets. India's benchmark bond suffered its worst day in three months, driven by surges in oil prices linked to the ongoing volatility in the region.