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Japan stocks jump, bonds slide after Trump says trade deal reached
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Japan stocks jump, bonds slide after Trump says trade deal reached
Jul 22, 2025 5:46 PM

TOKYO, July 23 (Reuters) - Japanese automaker shares led

the Nikkei share average higher on Wednesday, while bonds slid

after U.S. President Donald Trump said he had reached a trade

deal with Tokyo.

The Nikkei leapt 2% in early trading, with the Tokyo

Stock Exchange's transport equipment index surging 7%. Toyota

Motor ( TM ) soared 10%.

Benchmark 10-year Japanese bond futures tumbled as

much as 0.92 yen to 137.68 yen, the lowest since March 28.

Trump on Tuesday said the U.S. and Japan had struck a trade

deal that includes a 15% tariff that will be levied on U.S.

imports from the Asian country.

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