Macro · International newsletter
Takuji Okubo: review of price, cadence & strategy
Independent research on Bank of Japan policy, JGB yields and the yen.
Takuji Okubo, who analysed Japan for about twenty years at Goldman Sachs, Merrill Lynch and Société Générale before founding Japan Macro Advisors, writes mainly about the JGB market and Bank of Japan policy. Most commentary is free; paid subscribers get the JMA Database of his estimates (such as a BoJ QT monitor and a JGB yield curve model) and priority replies. Prices are the publication's web subscription prices on Substack.
Want to see what you get before paying? Read recent issues in the official archive.
Facts checked on 2026-10-25 at the official page. Prices can change; confirm before you subscribe. We do not publish ratings or performance claims.
Similar newsletters
Unusual Whales Newsletter
Free Wednesday lessons on markets and options, plus a Sunday market outlook.
The Transcript
The most telling quotes from each week's earnings calls, in one email.
The Kobeissi Letter
A weekly macro and markets letter with a chart of the week and mid-week updates.