Weston Nakamura
@acrossthespread
Founder, Across The Spread. 🌏markets analysis via 🇯🇵/Asia lens. Former derivatives trader @ Goldman & Jefferies + original content @ RealVision & Blockworks
A decade ago, I didn’t know what a “bond yield” was I had (have) a BARELY passing 2.51 GPA from college I moved to Tokyo with no job, nowhere to live Nonetheless, Goldman Sachs hired me to trade futures & options Here’s my story👇 youtu.be/IzRRmoSn4Co?si… +trading & markets…

Now 🤡Ishiba to step down as early as this month & just as JGB 40Y auction sees weakest demand since 2011 - because who in the fuck wants a 40Y JGB before a potential flood of issuance coming behind. Yields↑ 🇯🇵🤡Stepping down yesterday is still too late x.com/yomiuri_online…
石破首相退陣へ、月内にも表明する方向で調整…関税協議の妥結踏まえ意向固める yomiuri.co.jp/politics/20250… #政治
Best quote ever by @acrossthespread describing Japan as "the developed world's North Korea" because "everyone within the Japanese community stays in their bubble and the outside world doesn't know what's going on inside that bubble, because there aren't many people on the ground…
Nobody was given the chance to make a “deal” more than 🇯🇵 7 in-person meetings w/ 🇯🇵trade delegation ↔︎🇺🇸Bessent/Lutnick resulting in NOTHING Then right after (getting destroyed in) 🇯🇵elections, suddenly there’s a “deal” So, CLEARLY 🇯🇵was holding it up for sake of elections…
What’s going on with Japan's Prime Minister Ishiba? Is he resigning or not? To clear up some confusion, here’s what we know: multiple legit Japanese media outlets across the political spectrum have reported he will quit, this month or next, after Sunday's disastrous election 1/
🇯🇵AM CLOSE - Cross Asset Snapshot: Position Exiting NKY +3.21% (>41,000) TOPIX +3.11% SPX EMINIS +0.15% SX5E FUTURES +1% TOPIX Transports +10.3% Mazda +17.75% (limit up) Subaru +15.9% Toyota +13.6% (highest volume) Mitsubishi Motors +13% Honda +10.25% Nissan +9% Yamaha Motor…
Mind you, this is being released exactly as a critical 40Y JGB auction is underway Very very signature 🤡Ishiba thing to do
🇯🇵🤡Ishiba to resign by end of August
【速報】石破首相、退陣へ 8月末までに表明 参院選総括踏まえ mainichi.jp/articles/20250…
Thanks for your 🇯🇵 visit this past election weekend that “didn’t have any trade negotiation activity etc” Can you please finish your regime change mission & kick “Prime Minister” Ishiba out though? Thank you sir. -annoyed rooter/advocate for both 🇺🇸 & 🇯🇵
Thanks to @POTUS’s leadership, the United States has negotiated a historic agreement with Japan, one of our great allies. Prime Minister @shigeruishiba and Minister @ryosei_akazawa worked hard with our trade team to secure this mutually beneficial partnership, for which we…
Nobody was given the chance to make a “deal” more than 🇯🇵 7 in-person meetings w/ 🇯🇵trade delegation ↔︎🇺🇸Bessent/Lutnick resulting in NOTHING Then right after (getting destroyed in) 🇯🇵elections, suddenly there’s a “deal” So, CLEARLY 🇯🇵was holding it up for sake of elections…
Compilation of video commentary on 🇯🇵PM Ishiba I’ve made from the very moment he was chosen as PM last Sept until shortly after Trump re-election in Nov ‘24. And I must say - all of this foresight has come to fruition & continues to as we speak 🇯🇵🤡
Compilation of video commentary on 🇯🇵PM Ishiba I’ve made from the very moment he was chosen as PM last Sept until shortly after Trump re-election in Nov ‘24. And I must say - all of this foresight has come to fruition & continues to as we speak 🇯🇵🤡
“those who are STILL resorting to looking for UST price behaviors via solely 🇺🇸-centric matters (& coming up w/ nothing & having to cram in some irrelevant “reason”) should really get on board with monitoring the JGB situation” 👆 “🇺🇸debt” - yea no one else. This is what I mean…
Ethereum is trading like total US debt just hit $50 trillion. How many signs do we need before people start listening?