Traders Brace for Trump’s Iran Deadline as Frustration Grows (1)

President Donald Trump’s latest deadline for Iran to agree to a deal is just hours away, and investors are once again finding themselves forced to prepare for a range of possible outcomes.

But whether they’re buying more bonds, loading up on commodities or holding cash, they share a common view — weeks of volatility sparked by Trump’s shifting positions have left them frustrated and uncertain about the path forward.

“It is extraordinarily difficult to invest on expectations for binary outcomes,” said Jeffrey Palma, head of multi-asset solutions at Cohen & Steers. “What’s the best way to play the current ...