{"id":13492,"date":"2021-05-06T20:05:00","date_gmt":"2021-05-06T11:05:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=13492"},"modified":"2021-05-06T16:35:25","modified_gmt":"2021-05-06T07:35:25","slug":"%e7%b7%a9%e5%92%8c%e7%b8%ae%e5%b0%8f%e3%81%ae%e6%98%af%e9%9d%9e%e3%81%a7%e5%89%b2%e3%82%8c%e3%82%8b%e7%b1%b3%e4%b8%ad%e5%a4%ae%e9%8a%80%e8%a1%8c","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13492","title":{"rendered":"\u7de9\u548c\u7e2e\u5c0f\u306e\u662f\u975e\u3067\u5272\u308c\u308b\u7c73\u4e2d\u592e\u9280\u884c"},"content":{"rendered":"\n<p 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class=\"wp-block-paragraph\">\u4e2d\u592e\u9280\u884c\u304c\u5e02\u5834\u3067\u56fd\u50b5\u306a\u3069\u3092\u8cb7\u3044\u5165\u308c\u308b\u91cf\u7684\u7de9\u548c\u306b\u3088\u3063\u3066\u91d1\u5229\u304c\u5927\u304d\u304f\u4f4e\u4e0b\u3057\u305f\u3053\u3068\u304c\u682a\u5f0f\u5e02\u5834\u306b\u3068\u3063\u3066\u652f\u3048\u306e1\u3064\u3068\u306a\u3063\u305f\u304c\u3001\u4f55\u5ea6\u3082\u5831\u3058\u3066\u3044\u308b\u3088\u3046\u306b\u305d\u306e\u91d1\u5229\u306f\u5e02\u5834\u3068\u7d4c\u6e08\u306b\u8cc7\u91d1\u304c\u6d41\u5165\u3057\u904e\u304e\u305f\u3053\u3068\u306b\u3088\u308b\u30a4\u30f3\u30d5\u30ec\u61f8\u5ff5\u3067\u3001\u30b3\u30ed\u30ca\u524d\u306e\u6c34\u6e96\u307e\u3067\u4e0a\u304c\u308a\u59cb\u3081\u3066\u3044\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306f\u6b21\u306e\u3088\u3046\u306b\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/05\/2021-5-6-us-10-year-treasury-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"534\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/05\/2021-5-6-us-10-year-treasury-yield-chart.png\" alt=\"\" class=\"wp-image-13494\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/05\/2021-5-6-us-10-year-treasury-yield-chart.png 650w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/05\/2021-5-6-us-10-year-treasury-yield-chart-300x246.png 300w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u30a2\u30e1\u30ea\u30ab\u306e\u4e2d\u592e\u9280\u884c\u3067\u3042\u308bFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306f\u307e\u3060\u91d1\u878d\u7de9\u548c\u306e\u64a4\u56de\u3092\u3057\u3066\u3044\u306a\u3044\u304c\u3001\u305d\u308c\u3067\u3082\u3053\u3053\u307e\u3067\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u3002\u3057\u304b\u3057\u5e02\u5834\u306e\u4e88\u60f3\u901a\u308a\u30a4\u30f3\u30d5\u30ec\u304c\u60aa\u5316\u3057\u65e5\u7528\u54c1\u306e\u4fa1\u683c\u306b\u3082\u5f71\u97ff\u3092\u53ca\u307c\u3059\u3068\u3059\u308c\u3070\u3001Fed\u306f\u65e9\u671f\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u5f37\u3044\u3089\u308c\u3001\u8cc7\u91d1\u3092\u5438\u3044\u4e0a\u3052\u3089\u308c\u308b\u682a\u5f0f\u5e02\u5834\u306f\u56f0\u96e3\u306b\u76f4\u9762\u3059\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13336\" data-type=\"post\" data-id=\"13336\">\u7c73\u56fd\u306e3\u6708\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u5e74\u73877.7%\u307e\u3067\u9ad8\u9a30\u3001\u4eca\u5e74\u5f8c\u534a\u306b\u682a\u4fa1\u4e0b\u843d\u306e\u61f8\u5ff5<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u4e00\u679a\u5ca9\u3067\u306f\u306a\u3044\u7c73\u4e2d\u592e\u9280\u884c<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u3053\u3067\u91d1\u878d\u5e02\u5834\u3067\u306fFed\u306e\u52d5\u5411\u304c\u6ce8\u76ee\u3055\u308c\u3066\u3044\u308b\u3002\u3053\u308c\u307e\u3067\u306f\u8b70\u9577\u3067\u3042\u308b\u30b8\u30a7\u30ed\u30fc\u30e0\u30fb\u30d1\u30a6\u30a8\u30eb\u6c0f\u304c\u30a4\u30f3\u30d5\u30ec\u306e\u5371\u967a\u3092\u7121\u8996\u3057\u305f\u4e3b\u5f35\u3092\u7d9a\u3051\u3066\u304d\u305f\u3053\u3068\u5831\u3058\u3066\u304d\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13428\" data-type=\"post\" data-id=\"13428\">4\u6708FOMC\u4f1a\u5408\u7d50\u679c: \u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u30a4\u30f3\u30d5\u30ec\u7121\u8996\u306f\u7d9a\u304f\u3000\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u30d0\u30d6\u30eb\u7d99\u7d9a\u3078<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057Fed\u306e\u4ed6\u306e\u30e1\u30f3\u30d0\u30fc\u304c\u5fc5\u305a\u3057\u3082\u30d1\u30a6\u30a8\u30eb\u6c0f\u306b\u540c\u8abf\u3057\u3066\u3044\u308b\u8a33\u3067\u306f\u306a\u3044\u3002\u4f8b\u3048\u3070\u30c0\u30e9\u30b9\u9023\u9280\u7dcf\u88c1\u306e\u30ab\u30d7\u30e9\u30f3\u6c0f\u306f\u3001\u4e0a\u304c\u308a\u7d9a\u3051\u308b\u682a\u5f0f\u5e02\u5834\u3092\u898b\u3066\u6b21\u306e\u3088\u3046\u306b\u8a9e\u3063\u305f\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u73fe\u5728\u91d1\u878d\u5e02\u5834\u306f\u884c\u304d\u904e\u304e\u3068\u4e0d\u5747\u8861\u304c\u898b\u3089\u308c\u308b\u6bb5\u968e\u307e\u3067\u6765\u3066\u3044\u308b\u3002<\/p><p>\u8cc7\u7523\u8cb7\u3044\u5165\u308c\u3092\u8abf\u6574\u3059\u308b\u3053\u3068\u3092\u51fa\u6765\u308b\u3060\u3051\u65e9\u304f\u8b70\u8ad6\u3059\u308b\u306e\u304c\u9069\u5207\u3060\u308d\u3046\u3068\u601d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">\u653f\u6cbb\u306e\u4e16\u754c\u3067\u306f\u4f55\u306e\u6839\u62e0\u3082\u306a\u304f\u7269\u4fa1\u4e0a\u6607\u304c\u5584\u3060\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u3063\u3066\u3044\u308b\u304c\u3001\u4e2d\u592e\u9280\u884c\u306e\u672c\u6765\u306e\u5f79\u5272\u306f\u7269\u4fa1\u306e\u4e0a\u6607\u3067\u306f\u306a\u304f\u7269\u4fa1\u306e\u5b89\u5b9a\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11992\" data-type=\"post\" data-id=\"11992\">\u30cf\u30a4\u30a8\u30af: \u30a4\u30f3\u30d5\u30ec\u4e3b\u7fa9\u306f\u975e\u79d1\u5b66\u7684\u8ff7\u4fe1<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u6642\u306e2\u500d\u307b\u3069\u7de9\u548c\u7684\u306b\u306a\u3063\u3066\u3044\u308b\u8ca1\u653f\u653f\u7b56\u3068\u91d1\u878d\u653f\u7b56\u306e\u5408\u308f\u305b\u6280\u306b\u3088\u308a\u3001\u91d1\u878d\u5e02\u5834\u3067\u91d1\u5c5e\u3084\u7a40\u7269\u306a\u3069\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u304c\u66b4\u9a30\u3057\u3066\u3044\u308b\u73fe\u72b6\u3067\u306f\u305d\u306e\u610f\u5473\u304c\u554f\u308f\u308c\u308b\u3053\u3068\u306b\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13420\" data-type=\"post\" data-id=\"13420\">\u66b4\u9a30\u3057\u3066\u3044\u308b\u9285\u4fa1\u683c\u304c\u8f38\u51fa\u56fd\u30c1\u30ea\u306e\u30b9\u30c8\u30e9\u30a4\u30ad\u3067\u66f4\u306b\u4e0a\u6607<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/12322\" data-type=\"post\" data-id=\"12322\">\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f: \u65e5\u672c\u306f\u8cb7\u3044\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306f\u307b\u307c\u5168\u90e8\u4e0a\u304c\u308b<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057\u30ab\u30d7\u30e9\u30f3\u6c0f\u304c\u61f8\u5ff5\u3057\u3066\u3044\u308b\u306e\u306f\u91d1\u878d\u5e02\u5834\u3060\u3051\u3060\u308d\u3046\u304b\u3002\u7269\u4fa1\u9ad8\u9a30\u306e\u60aa\u5f71\u97ff\u306f\u65e2\u306b\u30a2\u30e1\u30ea\u30ab\u56fd\u6c11\u306e\u6240\u307e\u3067\u6765\u3066\u3044\u308b\u3002\u305d\u308c\u306f\u4f4f\u5b85\u4fa1\u683c\u306e\u9ad8\u9a30\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13098\" data-type=\"post\" data-id=\"13098\">\u6b62\u307e\u3089\u306a\u3044\u30a4\u30f3\u30d5\u30ec\u3001\u7c73\u56fd\u3067\u4f4f\u5b85\u4fa1\u683c\u304c\u66b4\u9a30\u4e2d<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f4f\u5b85\u4fa1\u683c\u304c\u4e0a\u304c\u308c\u3070\u5bb6\u8cc3\u3082\u4e0a\u304c\u308a\u3001\u597d\u8abf\u306a\u682a\u5f0f\u5e02\u5834\u3068\u306f\u53cd\u5bfe\u306b\u30b3\u30ed\u30ca\u3067\u30c0\u30e1\u30fc\u30b8\u3092\u53d7\u3051\u3066\u3044\u308b\u30a2\u30e1\u30ea\u30ab\u56fd\u6c11\u306b\u3068\u3063\u3066\u306f\u4e8c\u91cd\u306e\u6253\u6483\u3068\u306a\u308b\u3060\u308d\u3046\u3002\u30ab\u30d7\u30e9\u30f3\u6c0f\u306f\u305d\u3046\u3044\u3046\u73fe\u5b9f\u3092\u898b\u3066\u91d1\u878d\u7de9\u548c\u306e\u5371\u967a\u6027\u3092\u6307\u6458\u3057\u3066\u3044\u308b\u3002\u50b5\u5238\u6295\u8cc7\u5bb6\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u53bb\u5e74\u306e\u6642\u70b9\u3067\u540c\u3058\u3053\u3068\u3092\u6307\u6458\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/9681\" data-type=\"post\" data-id=\"9681\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u3067\u306e\u4f01\u696d\u6551\u6e08\u3068\u30d8\u30ea\u30b3\u30d7\u30bf\u30fc\u30de\u30cd\u30fc\u3092\u75db\u70c8\u6279\u5224<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Fed\u5185\u306e\u30cf\u30c8\u6d3e<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057Fed\u306e\u4ed6\u306e\u30e1\u30f3\u30d0\u30fc\u306f\u30ab\u30d7\u30e9\u30f3\u6c0f\u306b\u306f\u540c\u8abf\u3057\u3066\u3044\u306a\u3044\u3002\u4f8b\u3048\u3070\u30b5\u30f3\u30d5\u30e9\u30f3\u30b7\u30b9\u30b3\u9023\u9280\u7dcf\u88c1\u30c7\u30a4\u30ea\u30fc\u6c0f\u306f\u30df\u30cd\u30bd\u30bf\u7d4c\u6e08\u30af\u30e9\u30d6\u306e\u4f1a\u5408\u3067\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306fFed\u306e\u76ee\u6a19\u3067\u3042\u308b\u5b8c\u5168\u96c7\u7528\u30682%\u306e\u30a4\u30f3\u30d5\u30ec\u304b\u3089\u307e\u3060\u9060\u3044\u4f4d\u7f6e\u306b\u3042\u308a\u3001\u307e\u3060\u56de\u5fa9\u3092\u652f\u3048\u308b\u63aa\u7f6e\u3092\u6e1b\u3089\u3059\u8b70\u8ad6\u3092\u3059\u308b\u6642\u9593\u3067\u306f\u306a\u3044\u3002<\/p><p>\u305d\u306e\u4e21\u65b9\u306e\u76ee\u6a19\u9054\u6210\u306b\u3082\u3063\u3068\u8fd1\u3065\u3044\u305f\u6642\u304c\u305d\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3068\u306a\u308b\u3060\u308d\u3046\u3002\u73fe\u5728\u306f\u697d\u89b3\u7684\u306a\u898b\u901a\u3057\u306f\u3042\u308b\u304c\u9053\u306e\u308a\u306f\u9060\u304f\u3001\u307e\u3060\u68ee\u3092\u629c\u3051\u3066\u306f\u3044\u306a\u3044\u3002\u307e\u3060\u304b\u306a\u308a\u826f\u3044\u7d4c\u6e08\u6307\u6a19\u304c\u6570\u30f6\u6708\u7d9a\u3044\u3066\u3044\u308b\u3060\u3051\u3060\u3002<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u3057\u3066\u666e\u6bb5\u306f\u30bf\u30ab\u6d3e\uff08\u5f15\u304d\u7de0\u3081\u6d3e\uff09\u3067\u77e5\u3089\u308c\u308b\u30af\u30ea\u30fc\u30d6\u30e9\u30f3\u30c9\u9023\u9280\u7dcf\u88c1\u306e\u30e1\u30b9\u30bf\u30fc\u6c0f\u307e\u3067\u304c\u6b21\u306e\u3088\u3046\u306b\u8a9e\u3063\u305f\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u3053\u308c\u307e\u3067\u306e\u7d4c\u6e08\u7684\u9032\u5c55\u304c\u3001\u8cc7\u7523\u8cb7\u3044\u5165\u308c\u7e2e\u5c0f\u306e\u305f\u3081\u306b\u308f\u308c\u308f\u308c\u304c\u793a\u3057\u305f\u30ac\u30a4\u30c0\u30f3\u30b9\u306b\u5408\u81f4\u3059\u308b\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3002<\/p><p>\u7269\u4fa1\u4e0a\u6607\u304c\u5236\u5fa1\u4e0d\u80fd\u306b\u306a\u308b\u53ef\u80fd\u6027\u306b\u3064\u3044\u3066\u305d\u308c\u307b\u3069\u5fc3\u914d\u3057\u3066\u306f\u3044\u306a\u3044\u3002<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u3057\u3066\u6700\u5927\u306e\u554f\u984c\u306f\u3001\u30bf\u30ab\u6d3e\u3067\u3042\u308b\u30ab\u30d7\u30e9\u30f3\u6c0f\u304c\u4eca\u5e74\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\u3067\u306e\u6295\u7968\u6a29\u3092\u6301\u3063\u3066\u3044\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u3064\u307e\u308a\u3001\u4f1a\u5408\u306f\u30d1\u30a6\u30a8\u30eb\u6c0f\u7387\u3044\u308b\u30cf\u30c8\u6d3e\uff08\u7de9\u548c\u6d3e\uff09\u306b\u3088\u3063\u3066\u5b8c\u5168\u306b\u652f\u914d\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7d50\u8ad6\u306f\u5f53\u7136\u306a\u304c\u3089\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u30d0\u30d6\u30eb\u306e\u7d99\u7d9a\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002\u6697\u53f7\u901a\u8ca8\u3082\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306e\u4e00\u7a2e\u306a\u306e\u3067\u3001\u9577\u671f\u30c8\u30ec\u30f3\u30c9\u306f\u91d1\u5c5e\u3084\u7a40\u7269\u306a\u3069\u306e\u4fa1\u683c\u3068\u540c\u3058\u3088\u3046\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/12900\" data-type=\"post\" data-id=\"12900\">\u30a4\u30f3\u30d5\u30ec\u76f8\u5834\u3067\u500b\u4eba\u6295\u8cc7\u5bb6\u3067\u3082\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306b\u6295\u8cc7\u3059\u308b\u65b9\u6cd5<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13479\" data-type=\"post\" data-id=\"13479\">\u6697\u53f7\u901a\u8ca8\u30a4\u30fc\u30b5\u30ea\u30a6\u30e0\u7d9a\u4f38\u3000\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u8d85\u3048\u304c\u8996\u754c\u306b<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u30c7\u30a4\u30ea\u30fc\u6c0f\u306e\u300c\u307e\u3060\u305d\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u306f\u306a\u3044\u300d\u3068\u3044\u3046\u614b\u5ea6\u306f\u4e2d\u592e\u9280\u884c\u306e\u3042\u308a\u65b9\u3092\u7269\u8a9e\u3063\u3066\u3044\u308b\u3068\u601d\u3046\u3002\u4e2d\u592e\u9280\u884c\u306f\u305d\u306e\u8cac\u4efb\u306e\u91cd\u3055\u304b\u3089\u3001\u5148\u8d70\u3063\u3066\u5931\u6557\u3059\u308b\u3053\u3068\u3088\u308a\u3082\u5f85\u3061\u904e\u304e\u3066\u5931\u6557\u3059\u308b\u3053\u3068\u3092\u597d\u3080\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30a4\u30f3\u30d5\u30ec\u306e\u5371\u967a\u304c\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306b\u306f\u660e\u3089\u304b\u306a\u72b6\u6cc1\u3068\u306a\u3063\u3066\u3044\u3066\u3082\u3001\u4e00\u822c\u5e02\u6c11\u3084\u653f\u6cbb\u5bb6\u306b\u3068\u3063\u3066\u660e\u3089\u304b\u306a\u72b6\u6cc1\u3068\u306a\u3063\u3066\u3044\u306a\u3051\u308c\u3070\u3001\u4eca\u306e\u72b6\u6cc1\u3067\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u884c\u306a\u3063\u3066\u682a\u4fa1\u3092\u66b4\u843d\u3055\u305b\u308b\u3053\u3068\u306f\u300c\u4f55\u6545\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u308b\u304b\u3069\u3046\u304b\u3082\u5206\u304b\u3089\u306a\u3044\u306e\u306b\u5f15\u304d\u7de0\u3081\u3067\u682a\u4fa1\u3092\u66b4\u843d\u3055\u305b\u305f\u306e\u304b\u300d\u3068\u3044\u3046\u975e\u96e3\u3092\u4e2d\u592e\u9280\u884c\u306b\u547c\u3073\u304b\u306d\u306a\u3044\u3002\u3060\u304b\u3089\u7d4c\u6e08\u4e88\u60f3\u306b\u9577\u3051\u305f\u4eba\u3005\u306e\u4e88\u60f3\u306b\u4e2d\u592e\u9280\u884c\u304c\u8033\u3092\u8cb8\u3059\u3053\u3068\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/12182\" data-type=\"post\" data-id=\"12182\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u7269\u4fa1\u9ad8\u9a30\u3092\u4e88\u60f3\u3001\u7c73\u56fd\u50b5\u3092\u7a7a\u58f2\u308a\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3092\u7206\u8cb7\u3044<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u3046\u3057\u3066\u4e2d\u592e\u9280\u884c\u306f\u4f55\u5ea6\u3067\u3082\u540c\u3058\u9593\u9055\u3044\u3092\u72af\u3059\u3002\u4e00\u822c\u306e\u4eba\u3005\u3084\u653f\u6cbb\u5bb6\u306b\u3068\u3063\u3066\u30a4\u30f3\u30d5\u30ec\u306e\u5371\u967a\u304c\u660e\u3089\u304b\u306a\u72b6\u6cc1\u307e\u3067\u5f85\u3064\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u7269\u4fa1\u9ad8\u9a30\u304c\u624b\u9045\u308c\u306b\u306a\u308b\u307e\u3067\u5f85\u3064\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2018\u5e74\u306e\u30c8\u30e9\u30a6\u30de<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u81ea\u8eab\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306b\u3088\u3063\u3066\u682a\u4fa1\u3092\u66b4\u843d\u3055\u305b\u305f2018\u5e74\u306e\u51fa\u6765\u4e8b\u306b\u30c8\u30e9\u30a6\u30de\u3092\u611f\u3058\u3066\u3044\u308b\u3002\u30d7\u30ed\u306e\u76ee\u306b\u306f2018\u5e74\u306b\u682a\u4fa1\u304c\u66b4\u843d\u3059\u308b\u3053\u3068\u306f\u660e\u3089\u304b\u3060\u3063\u305f\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u305d\u3053\u3078\u81ea\u3089\u7a81\u3063\u8fbc\u3093\u3060\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7959\" data-type=\"post\" data-id=\"7959\">\u4e16\u754c\u540c\u6642\u682a\u5b89\u3092\u4e88\u60f3\u3067\u304d\u305f\u7406\u7531\u3068\u682a\u4fa1\u4e0b\u843d\u306e\u539f\u56e0 (2018\/10\/28)<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u308c\u3067\u5f7c\u306f\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306b\u53ca\u3073\u8170\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u3057\u304b\u3057\u5f7c\u306e\u9593\u9055\u3044\u306f\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u884c\u306a\u3063\u305f\u3053\u3068\u3067\u306f\u306a\u304f\u3001\u72b6\u6cc1\u304c\u624b\u9045\u308c\u306b\u306a\u308b\u307e\u3067\u5f85\u3063\u305f\u3053\u3068\u3067\u3042\u308b\u3002\u524d\u56de\u306e\u300c\u624b\u9045\u308c\u300d\u306f\u682a\u4fa1\u66b4\u843d\u3067\u3042\u308a\u3001\u4eca\u56de\u306f\u7269\u4fa1\u9ad8\u9a30\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e2d\u592e\u9280\u884c\u306b\u3068\u3063\u3066\u306e\u4e16\u9593\u7684\u30d7\u30ec\u30c3\u30b7\u30e3\u30fc\u306e\u69cb\u9020\u304c\u540c\u3058\u3067\u3042\u308b\u9650\u308a\u4e2d\u592e\u9280\u884c\u306f\u4f55\u5ea6\u3067\u3082\u540c\u3058\u9593\u9055\u3044\u3092\u72af\u3059\u3060\u308d\u3046\u3002\u305d\u3053\u306b\u3053\u305d\u6295\u8cc7\u5bb6\u306e\u597d\u6a5f\u304c\u3042\u308b\u3002\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4e0a\u6607\u306b\u8ced\u3051\u308b\u307b\u304b\u3001\u30a4\u30f3\u30d5\u30ec\u304cFed\u306e\u60f3\u5b9a\u3088\u308a\u3082\u65e9\u304f\u9032\u3093\u3067\u4eca\u5e74\u5f8c\u534a\u306b\u3082\u5229\u4e0a\u3052\u3092\u8b70\u8ad6\u305b\u3056\u308b\u3092\u5f97\u306a\u304f\u306a\u308b\u3068\u4e88\u60f3\u3059\u308b\u306a\u3089\u3070\u3001\u91d1\u5229\u5148\u7269\u3092\u7a7a\u58f2\u308a\u3059\u308b\u3053\u3068\u3082\u9078\u629e\u80a2\u306e1\u3064\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e2d\u592e\u9280\u884c\u306e\u8aa4\u308a\u3092\u6b63\u3059\u306e\u304c\u3044\u3064\u3082\u6295\u8cc7\u5bb6\u306e\u4ed5\u4e8b\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u30b3\u30ed\u30ca\u4ee5\u5f8c\u3001\u682a\u5f0f\u5e02\u5834\u306f\u4e00\u5ea6\u4e0b\u843d\u3057\u3066\u304b\u3089\u4e0a\u6607\u3057\u305f\u3002\u666f\u6c17\u5f8c\u9000\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u305f1\u3064\u306e\u539f\u56e0\u306f\u653f\u5e9c\u306b\u3088\u308b\u73fe\u91d1\u7d66\u4ed8\u306a\u3069\u306e\u8ca1\u653f\u653f\u7b56\u3067\u3042\u308a\u3001\u3082\u30461\u3064\u306e\u539f\u56e0\u306f\u4e2d\u592e\u9280\u884c\u306b\u3088\u308b\u91d1\u878d\u7de9\u548c\u3067\u3042\u308b\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[118,108],"tags":[64],"class_list":["post-13492","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-fed"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/13492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/comments?post=13492"}],"version-history":[{"count":27,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/13492\/revisions"}],"predecessor-version":[{"id":13520,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/13492\/revisions\/13520"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=13492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=13492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=13492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}