Japan's Nikkei soars to one-year peak on trade deal; bonds slide
- Posted on July 23, 2025
- By Business News Today
- 3 Views
Japan's Nikkei soars to one-year peak on trade deal; bonds slide
Japanese auto stocks surged, leading the Nikkei to a one-year high after a U.S. trade deal reduced import levies to 15%. Toyota soared 14%. Trade clarity bolstered expectations for Bank of Japan rate hikes, pushing JGB yields to levels unseen since 2008.
