Takeaways And Market Implications From US-Japan Trade Deal A Japan-US Trade Deal was announced late on Tuesday, with reciprocal tariffs lowered from 25% to 15%. Japanese stocks got an additional boost from news that auto tariffs will also be 15%, down from 27.5%, sending Toyota on its best day since 1987. Equities rose over 3.5% with the TOPIX closing just shy of all-time highs. In rates, re-pricing for BoJ hikes sent JPY yields higher; 10y JGB reaching 1.6%. USDJPY initially moved lower but has creeped higher on news of PM Ishiba considering to step down from office. However, PM Ishiba has since denied these reports… — Continue at ZeroHedge News : Read More
