Stock markets jumped in early trading — including a big rise in UK real estate shares — as a two-week ceasefire to the conflict in Iran was announced last night, reviving the prospect of interest rate cuts. 
The FTSE 350 Real Estate index of UK property shares rose 5.5% in early UK trading, after President Donald Trump announced the cessation of hostilities between the U.S. and Iran. 
Stock markets across the world rose, and bond rates fell — two-year and five-year Treasuries fell by seven and five basis points respectively early on Wednesday, while UK two and 10-year government bonds fell by…