The post suggests a positive development in trade relations between the US and Japan, which could lead to increased economic cooperation and investment. Historically, Trump's statements on trade have been closely watched by markets, and a perceived improvement in trade relations could boost market confidence and reduce volatility. A stronger US-Japan trade relationship could also lead to increased demand for US bonds, particularly if Japan continues to be a significant investor in US debt. Furthermore, improved trade relations could lead to increased economic growth, which could in turn lead to higher interest rates and a stronger bond market. However, the impact on the bond market will also depend on the specifics of any trade agreements or policies announced, as well as the overall state of the global economy.