{"id":13593,"date":"2021-05-18T20:05:00","date_gmt":"2021-05-18T11:05:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=13593"},"modified":"2021-05-18T17:38:30","modified_gmt":"2021-05-18T08:38:30","slug":"%e3%82%ac%e3%83%b3%e3%83%89%e3%83%a9%e3%83%83%e3%82%af%e6%b0%8f-%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e3%81%8c%e6%ad%a2%e3%81%be%e3%82%89%e3%81%aa%e3%81%91%e3%82%8c%e3%81%b0%e6%a0%aa%e4%be%a1%e6%80%a5","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13593","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30a4\u30f3\u30d5\u30ec\u304c\u6b62\u307e\u3089\u306a\u3051\u308c\u3070\u682a\u4fa1\u6025\u843d\u3078"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13574\" data-type=\"post\" data-id=\"13574\">\u524d\u56de<\/a>\u306b\u5f15\u304d\u7d9a\u304dYahoo! Finance\u306b\u3088\u308b\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u30a4\u30f3\u30d5\u30ec\u4e88\u60f3<\/strong><\/p>\n\n\n\n<p>\u30b3\u30ed\u30ca\u798d\u306b\u304a\u3051\u308b\u73fe\u91d1\u7d66\u4ed8\u306a\u3069\u306e\u666f\u6c17\u523a\u6fc0\u7b56\u3067\u5e02\u5834\u7d4c\u6e08\u306b\u591a\u984d\u306e\u8cc7\u91d1\u304c\u6ce8\u304e\u8fbc\u307e\u308c\u305f\u3053\u3068\u3067\u3001\u30a2\u30e1\u30ea\u30ab\u3067\u306f\u7269\u4fa1\u9ad8\u9a30\u306e\u521d\u671f\u75c7\u72b6\u304c\u59cb\u307e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u61f8\u5ff5\u306b\u3064\u3044\u3066\u306f\u3053\u3053\u3067\u306f\u53bb\u5e74\u304b\u3089\u5831\u3058\u3066\u304d\u305f\u3053\u3068\u3067\u3042\u308a\u3001\u7b46\u8005\u3092\u542b\u3081\u591a\u304f\u306e\u6a5f\u95a2\u6295\u8cc7\u5bb6\u305f\u3061\u304c\u91d1\u5c5e\u3084\u7a40\u7269\u306e\u4fa1\u683c\u4e0a\u6607\u306b\u8ced\u3051\u3066\u65e2\u306b\u5132\u3051\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11801\" data-type=\"post\" data-id=\"11801\">\u91d1\u878d\u5e02\u5834\u306b\u30a4\u30f3\u30d5\u30ec\u306e\u5146\u3057: \u91d1\u3001\u539f\u6cb9\u3001\u7a40\u7269\u4fa1\u683c\u304c\u9ad8\u9a30 (2020\/10\/14)<\/a><\/li><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><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>\u3057\u304b\u3057\u682a\u5f0f\u5e02\u5834\u306f\u4eca\u306b\u306a\u3063\u3066\u3088\u3046\u3084\u304f\u30a4\u30f3\u30d5\u30ec\u304c\u61f8\u5ff5\u6750\u6599\u3060\u3068\u6c17\u4ed8\u304d\u59cb\u3081\u305f\u3088\u3046\u3067\u3042\u308a\u3001\u4eca\u5f8c\u30a2\u30e1\u30ea\u30ab\u306e\u7269\u4fa1\u304c\u3069\u3046\u306a\u308b\u306e\u304b\u304c\u6295\u8cc7\u5bb6\u306e\u6ce8\u76ee\u3092\u96c6\u3081\u3066\u3044\u308b\u3002\u524d\u56de\u306e\u8a18\u4e8b\u3067\u5831\u3058\u305f\u3088\u3046\u306b\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u4eca\u5f8c\u306e\u30a4\u30f3\u30d5\u30ec\u306b\u3064\u3044\u3066\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13574\" data-type=\"post\" data-id=\"13574\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u30a4\u30f3\u30d5\u30ec\u7121\u8996\u306e\u4e2d\u592e\u9280\u884c\u3092\u75db\u70c8\u6279\u5224<\/a><\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4eca\u5f8c\u6570\u30f6\u6708\u4e0a\u6607\u3092\u7d9a\u3051\u308b\u3060\u308d\u3046\u30027\u6708\u306b\u30d4\u30fc\u30af\u3068\u306a\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u3082\u3057\u305d\u3053\u304b\u3089\u3082\u4e0a\u6607\u3092\u7d9a\u3051\u308b\u3088\u3046\u306a\u3053\u3068\u304c\u3042\u308c\u3070\u3001\u7d4c\u6e08\u306b\u3068\u3063\u3066\u6df1\u523b\u306a\u61f8\u5ff5\u3068\u306a\u308b\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>7\u6708\u304c\u5206\u6c34\u5dba\u3068\u306a\u308b\u7406\u7531\u306b\u3064\u3044\u3066\u306f<a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13574\" data-type=\"post\" data-id=\"13574\">\u524d\u56de<\/a>\u89e3\u8aac\u3057\u305f\u306e\u3067\u305d\u308c\u3092\u53c2\u7167\u3057\u3066\u3082\u3089\u3044\u305f\u3044\u3002\u4eca\u56de\u8ad6\u3058\u308b\u306e\u306f7\u6708\u4ee5\u964d\u30a4\u30f3\u30d5\u30ec\u304c\u6b62\u307e\u3089\u306a\u304b\u3063\u305f\u5834\u5408\u682a\u5f0f\u5e02\u5834\u304c\u3069\u3046\u306a\u308b\u306e\u304b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u3068\u682a\u5f0f\u5e02\u5834<\/strong><\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u306f\u91d1\u5229\u4e0a\u6607\u3092\u901a\u3058\u3066\u682a\u5f0f\u5e02\u5834\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u3002\u682a\u5f0f\u5e02\u5834\u306f\u9577\u5e74\u4f4e\u91d1\u5229\u306b\u3088\u3063\u3066\u652f\u3048\u3089\u308c\u3066\u304d\u305f\u304b\u3089\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u4f4e\u91d1\u5229\u306f\u4e2d\u592e\u9280\u884c\u304c\u56fd\u50b5\u3092\u8cb7\u3044\u5165\u308c\u308b\u91cf\u7684\u7de9\u548c\u306b\u3088\u3063\u3066\u5b9f\u73fe\u3057\u3066\u304d\u305f\u3002<\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306b\u3088\u308c\u3070\u3001\u305d\u306e\u4ed6\u306e\u8cb7\u3044\u624b\u306f\u7c73\u56fd\u50b5\u306e\u4fdd\u6709\u306b\u53ca\u3073\u8170\u306b\u306a\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u56fd\u50b5\u306e\u91d1\u5229\u306f\u4fdd\u6709\u306e\u30ea\u30b9\u30af\u306b\u898b\u5408\u3063\u3066\u3044\u306a\u3044\u3068\u8aac\u660e\u3059\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\u306e\u8d85\u9577\u671f\u56fd\u50b5\u306f\u53bb\u5e74\u3061\u3087\u3046\u30691.00%\u307e\u3067\u4e0b\u304c\u3063\u305f\u304c\u3001\u4eca\u3067\u306f2.4%\u307e\u3067\u4e0a\u6607\u3057\u3066\u3044\u308b\u3002\uff08\u8a33\u6ce8\uff1a\u91d1\u5229\u4e0a\u6607\u306f\u50b5\u5238\u4fa1\u683c\u4e0b\u843d\u3092\u610f\u5473\u3059\u308b\u306e\u3067\uff09\u3069\u308c\u3060\u3051\u306e\u8cc7\u91d1\u304c\u5931\u308f\u308c\u305f\u304b\u6295\u8cc7\u5bb6\u306f\u5206\u304b\u3063\u3066\u3044\u306a\u3044\u3002<\/p><p>\u53bb\u5e74\u306e3\u6708\u304b4\u6708\u306b\u6295\u8cc7\u5bb6\u304c\u8d85\u9577\u671f\u56fd\u50b5\u306b\u6bba\u5230\u3057\u305f\u6642\u306e\u8cb7\u3044\u624b\u304c\u305d\u306e\u5f8c\u306e\u4fa1\u683c\u4e0b\u843d\u3067\u88ab\u3063\u305f\u640d\u5931\u306f30%\u3068\u304b\u306a\u308a\u5927\u304d\u3044\u3002\u682a\u5f0f\u3092\u4fdd\u6709\u3057\u305f\u5834\u5408\u306b\u899a\u609f\u3059\u308b\u3088\u3046\u306a\u640d\u5931\u3060\u3002\u4e00\u65b9\u3067\u30ea\u30ef\u30fc\u30c9\u306f1%\u306e\u91d1\u5229\u309230\u5e74\u8cb0\u3044\u7d9a\u3051\u308b\u3053\u3068\u3060\u3002<\/p><p>\u30b3\u30ed\u30ca\u4ee5\u5f8c\u3001\u56fd\u50b5\u306e\u30ea\u30b9\u30af\u30fb\u30ea\u30ef\u30fc\u30c9\u306f\u304b\u306a\u308a\u304a\u304b\u3057\u306a\u3053\u3068\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u305d\u306e\u3088\u3046\u306a\u72b6\u614b\u3067\u56fd\u50b5\u3092\u4fdd\u6709\u3057\u305f\u3044\u6295\u8cc7\u5bb6\u306f\u679c\u305f\u3057\u3066\u3044\u308b\u3060\u308d\u3046\u304b\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u91d1\u5229\u304c\u4e0a\u304c\u3063\u305f\u6642\u3001\u7c73\u56fd\u50b5\u3092\u8cb7\u3044\u305f\u3044\u6295\u8cc7\u5bb6\u306f\u591a\u304f\u306a\u3044\u3002\u5916\u56fd\u306e\u6295\u8cc7\u5bb6\u306f\u3082\u3046\u4f55\u5e74\u3082\u7c73\u56fd\u50b5\u3092\u58f2\u3063\u3066\u3044\u308b\u3002\u56fd\u5185\u306e\u6295\u8cc7\u5bb6\u3082\u56fd\u50b5\u4fdd\u6709\u3092\u6e1b\u3089\u3057\u3064\u3064\u3042\u308b\u3002\u3082\u3046\u4e2d\u592e\u9280\u884c\u3057\u304b\u6b8b\u3063\u3066\u3044\u306a\u3044\u3002<\/p><\/blockquote>\n\n\n\n<p>\u3060\u304b\u3089\u73fe\u5728\u4e0a\u304c\u3063\u3066\u3044\u308b\u91d1\u5229\u306b\u3064\u3044\u3066\u306f\u4e2d\u592e\u9280\u884c\u304c\u3069\u3046\u52d5\u304f\u306e\u304b\u306b\u3088\u3063\u3066\u4eca\u5f8c\u306e\u898b\u901a\u3057\u304c\u5909\u308f\u3063\u3066\u304f\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\/2021-5-18-us-10-year-treasury-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"653\" height=\"554\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/05\/2021-5-18-us-10-year-treasury-yield-chart.png\" alt=\"\" class=\"wp-image-13596\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/05\/2021-5-18-us-10-year-treasury-yield-chart.png 653w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/05\/2021-5-18-us-10-year-treasury-yield-chart-300x255.png 300w\" sizes=\"auto, (max-width: 653px) 100vw, 653px\" \/><\/a><\/figure>\n\n\n\n<p>\u3053\u306e\u91d1\u5229\u304c\u3069\u3046\u306a\u308b\u304b\u306b\u3088\u3063\u3066\u682a\u5f0f\u5e02\u5834\u306e\u547d\u904b\u304c\u6c7a\u307e\u308b\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u4e88\u544a\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u30a4\u30f3\u30d5\u30ec\u304c\u590f\u4ee5\u964d\u3082\u4e0a\u304c\u308a\u7d9a\u3051\u305f\u5834\u5408\u3001\u91d1\u5229\u4e0a\u6607\u304c\u4e2d\u592e\u9280\u884c\u306e\u899a\u609f\u3092\u8a66\u3059\u3088\u3046\u306a\u5c55\u958b\u306b\u306a\u308b\u3060\u308d\u3046\u3002\u4e2d\u592e\u9280\u884c\u306f\u7121\u5236\u9650\u306e\u91cf\u7684\u7de9\u548c\u3092\u884c\u3046\u3068\u4e3b\u5f35\u3057\u3066\u3044\u308b\u3002\u3069\u3046\u306a\u308b\u304b\u898b\u3066\u307f\u3088\u3046\u3002<\/p><p>\u8cb7\u3044\u624b\u304c\u6e1b\u308a\u7d9a\u3051\u3066\u3044\u308b\u7c73\u56fd\u50b5\u3092\u4e2d\u592e\u9280\u884c\u304c\u5438\u53ce\u3067\u304d\u305a\u91d1\u5229\u304c\u4e0a\u6607\u3057\u3066\u3057\u307e\u3063\u305f\u5834\u5408\u3001\u3053\u308c\u307e\u3067\u4f4e\u91d1\u5229\u306b\u4f9d\u5b58\u3057\u3066\u304d\u305f\u682a\u4fa1\u306b\u3068\u3063\u3066\u5927\u304d\u306a\u554f\u984c\u3068\u306a\u308b\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306b\u9650\u3089\u305a\u3001\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u304d\u305f\u3053\u3068\u3067\u682a\u4fa1\u306e\u6c34\u6e96\u306b\u5371\u6a5f\u611f\u3092\u6301\u3063\u3066\u3044\u308b\u8457\u540d\u6295\u8cc7\u5bb6\u304c\u5897\u3048\u3066\u304d\u305f\u3002\u540c\u3058\u304f\u50b5\u5238\u6295\u8cc7\u5bb6\u306e\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u3082\u540c\u3058\u7406\u7531\u30672021\u5e74\u306e\u682a\u5f0f\u5e02\u5834\u306f\u4e0b\u843d\u3059\u308b\u3068\u4e88\u60f3\u3057\u3066\u3044\u305f\u3002\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e\u65b9\u304c\u4eca\u5f8c\u306e\u63a8\u79fb\u3092\u8a73\u3057\u304f\u8aac\u660e\u3057\u3066\u3044\u308b\u306e\u3067\u3053\u3061\u3089\u3082\u53c2\u8003\u306b\u3057\u3066\u3082\u3089\u3044\u305f\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/12828\" data-type=\"post\" data-id=\"12828\">\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e2021\u5e74\u682a\u5f0f\u5e02\u5834\u306e\u63a8\u79fb\u4e88\u60f3<\/a><\/li><\/ul>\n\n\n\n<p>\u5b9f\u969b\u306b\u682a\u4fa1\u306f\u4e0a\u5024\u304c\u91cd\u305f\u304f\u306a\u3063\u3066\u3044\u308b\u3088\u3046\u3067\u3042\u308b\u30022\u4eba\u306e\u50b5\u5238\u6295\u8cc7\u5bb6\u306e\u4e88\u60f3\u306f\u5f53\u305f\u308b\u3060\u308d\u3046\u304b\u3002\u30a4\u30f3\u30d5\u30ec\u6307\u6a19\u306b\u306f\u4eca\u5f8c\u3082\u6ce8\u76ee\u3067\u3042\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u524d\u56de\u306b\u5f15\u304d\u7d9a\u304dYahoo! Finance\u306b\u3088\u308b\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\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":[59,118,111,108],"tags":[131],"class_list":["post-13593","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-bond-markets","tag-jeffrey-gundlach"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/13593","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=13593"}],"version-history":[{"count":9,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/13593\/revisions"}],"predecessor-version":[{"id":13604,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/13593\/revisions\/13604"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=13593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=13593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=13593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}