Venezuela bonds jumped after the government reached a deal with the White House, adding to optimism that President Donald Trump’s administration is softening its stance toward the political foe.

Venezuelan opposition leader Maria Corina Machado on Monday downplayed fears that President Donald Trump had reached an understanding of coexistence with strongman Nicolás Maduro following a deal reached last week in Caracas in which the socialist regime agreed to receive thousands of her countrymen deported from the United States.