{"id":14566,"date":"2021-07-26T20:06:37","date_gmt":"2021-07-26T11:06:37","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=14566"},"modified":"2021-07-26T20:06:40","modified_gmt":"2021-07-26T11:06:40","slug":"%e3%83%9e%e3%82%a4%e3%83%8a%e3%83%bc%e3%83%89%e6%b0%8f-%e6%a0%aa%e5%bc%8f%e5%b8%82%e5%a0%b4%e3%81%af%e3%82%b3%e3%83%ad%e3%83%8a%e5%a2%97%e5%8a%a0%e3%81%a710%e6%9c%88%e3%81%be%e3%81%a7%e3%81%ab","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/14566","title":{"rendered":"\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f: \u682a\u5f0f\u5e02\u5834\u306f\u30b3\u30ed\u30ca\u5897\u52a0\u306710\u6708\u307e\u3067\u306b\u6025\u843d\u3078"},"content":{"rendered":"\n<p>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u76f8\u5834\u306a\u3069\u3092\u7684\u78ba\u306b\u5f53\u3066\u7d9a\u3051\u3066\u3044\u308bGuggenheim Partners\u306e\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u304cBloomberg\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u306a\u304b\u306a\u304b\u4e0b\u843d\u3057\u306a\u3044\u682a\u5f0f\u5e02\u5834\u306e\u4e0b\u843d\u4e88\u60f3\u3092\u7d9a\u3051\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e\u5f31\u6c17\u4e88\u60f3<\/strong><\/p>\n\n\n\n<p>\u30de\u30a4\u30ca\u30fc\u30c9\u306f\u3053\u3053\u6570\u30f6\u6708\u682a\u5f0f\u5e02\u5834\u306b\u5f31\u6c17\u306a\u898b\u65b9\u3092\u793a\u3057\u3066\u3044\u308b\u304c\u3001\u7c73\u56fd\u682a\u306f\u8352\u308c\u308b\u5c40\u9762\u3082\u3042\u308b\u3082\u306e\u306e\u3001\u4eca\u306e\u3068\u3053\u308d\u4e0b\u304c\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/07\/2021-7-26-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"674\" height=\"499\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/07\/2021-7-26-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-14568\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/07\/2021-7-26-s-and-p-500-chart.png 674w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/07\/2021-7-26-s-and-p-500-chart-300x222.png 300w\" sizes=\"auto, (max-width: 674px) 100vw, 674px\" \/><\/a><\/figure>\n\n\n\n<p>\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306f\u682a\u5b89\u304c\u91d1\u5229\u4f4e\u4e0b\u306b\u7e4b\u304c\u308b\u3068\u8a00\u3063\u3066\u3044\u305f\u304c\u3001\u4e2d\u592e\u9280\u884c\u304c\u5229\u4e0a\u3052\u3068\u30c6\u30fc\u30d1\u30ea\u30f3\u30b0\uff08\u91cf\u7684\u7de9\u548c\u7e2e\u5c0f\uff09\u3092\u793a\u5506\u3059\u308b\u4e2d\u3001\u91d1\u5229\u3060\u3051\u304c\u4f4e\u4e0b\u3059\u308b\u5c55\u958b\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/07\/2021-7-26-us-10-year-treasury-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"674\" height=\"499\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/07\/2021-7-26-us-10-year-treasury-yield-chart.png\" alt=\"\" class=\"wp-image-14569\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/07\/2021-7-26-us-10-year-treasury-yield-chart.png 674w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/07\/2021-7-26-us-10-year-treasury-yield-chart-300x222.png 300w\" sizes=\"auto, (max-width: 674px) 100vw, 674px\" \/><\/a><\/figure>\n\n\n\n<p>\u91d1\u5229\u4f4e\u4e0b\u306f\u682a\u5f0f\u5e02\u5834\u306b\u30d7\u30e9\u30b9\u3067\u3042\u308a\u3001\u682a\u5f0f\u5e02\u5834\u306f\u305d\u306e\u5206\u3060\u3051\u4e0a\u304c\u3063\u305f\u3088\u3046\u306b\u898b\u3048\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e\u5f31\u6c17\u4e88\u60f3<\/strong><\/p>\n\n\n\n<p>\u3057\u304b\u3057\u305d\u308c\u3067\u3082\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306f\u5f31\u6c17\u4e88\u60f3\u3092\u7d9a\u3051\u308b\u3002\u5f7c\u306f\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>\u30b3\u30ed\u30ca\u611f\u67d3\u8005\u6570\u306e\u30c7\u30fc\u30bf\u3092\u898b\u308c\u3070\u3001\u4f8b\u3048\u3070\u30ab\u30ea\u30d5\u30a9\u30eb\u30cb\u30a2\u5dde\u3067\u306f3\u6708\u524d\u534a\u306e\u611f\u67d3\u8005\u6570\u3068\u540c\u3058\u30ec\u30d9\u30eb\u307e\u3067\u6570\u304c\u623b\u3063\u3066\u3044\u308b\u30023\u6708\u524d\u534a\u306b\u306f\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u306e\u53ea\u4e2d\u3060\u3063\u305f\u3053\u3068\u3092\u8003\u3048\u308c\u3070\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u3044\u304f\u3064\u304b\u306e\u5730\u57df\u3067\u306f\u307e\u305f\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u306b\u623b\u308b\u3068\u3053\u308d\u3082\u51fa\u3066\u304f\u308b\u30ea\u30b9\u30af\u304c\u3042\u308b\u3002\u305d\u308c\u306f\u7d4c\u6e08\u306b\u3068\u3063\u3066\u30de\u30a4\u30ca\u30b9\u3060\u308d\u3046\u3002<\/p><p>\u4e88\u9632\u63a5\u7a2e\u3082\u9032\u3093\u3067\u3044\u308b\u304b\u3089\u6628\u590f\u306e\u3088\u3046\u306a\u5927\u6d41\u884c\u306b\u306a\u308b\u3068\u306f\u601d\u3063\u3066\u3044\u306a\u3044\u3002\u3060\u304c\u682a\u5f0f\u5e02\u5834\u3092\u52d5\u63fa\u3055\u305b\u308b\u306b\u306f\u5341\u5206\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u65e5\u672c\u3067\u3082\u305d\u3046\u3060\u304c\u3001\u30b3\u30ed\u30ca\u306f\u4e16\u754c\u7684\u306b\u611f\u67d3\u3092\u518d\u62e1\u5927\u3055\u305b\u3066\u3044\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u3067\u30821\u65e5\u306b\u6570\u4e07\u4eba\u5358\u4f4d\u306e\u611f\u67d3\u304c\u623b\u308a\u3064\u3064\u3042\u308a\u3001\u4eca\u5f8c\u306e\u5c55\u958b\u304c\u61f8\u5ff5\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u682a\u5f0f\u5e02\u5834\u306f\u30b3\u30ed\u30ca\u306b\u6163\u308c\u3066\u3057\u307e\u3063\u305f\u3088\u3046\u306b\u601d\u3048\u308b\u3002\u30b3\u30ed\u30ca\u306b\u3088\u308b\u666f\u6c17\u5f8c\u9000\u306f\u7de9\u548c\u306b\u3088\u308b\u30d7\u30e9\u30b9\u3067\u88dc\u308f\u308c\u3066\u3057\u307e\u3046\u3002\u3060\u304b\u3089\u30b3\u30ed\u30ca\u306b\u3088\u308b\u666f\u6c17\u5f8c\u9000\u3067\u682a\u4fa1\u4e0b\u843d\u3092\u4e88\u60f3\u3059\u308b\u3088\u308a\u3082\u3001\u7de9\u548c\u304c\u6253\u3061\u6b62\u3081\u306b\u306a\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u4e0b\u843d\u306e\u7406\u7531\u306b\u6319\u3052\u308b\u65b9\u304c\u307e\u3060\u7d0d\u5f97\u3067\u304d\u308b\u3088\u3046\u306b\u3082\u601d\u3046\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u3044\u305a\u308c\u306b\u3057\u3066\u3082\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306e\u672c\u547d\u306f\u3001\u5f53\u5c40\u304c\u7de9\u548c\u3092\u6b62\u3081\u3089\u308c\u306a\u3044\u3053\u3068\u3001\u305d\u3057\u3066\u305d\u306e\u6b6a\u307f\u306f\u30a4\u30f3\u30d5\u30ec\u9ad8\u9a30\u304b\u30c9\u30eb\u4e0b\u843d\u306e\u3069\u3061\u3089\u304b\uff08\u3042\u308b\u3044\u306f\u4e21\u65b9\uff09\u3068\u3057\u3066\u73fe\u308c\u308b\u3060\u308d\u3046\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/14037\" data-type=\"post\" data-id=\"14037\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30a4\u30f3\u30d5\u30ec\u304c\u5f8c\u9000\u3059\u308b\u306a\u3089\u666f\u6c17\u3082\u5f8c\u9000\u3000\u91d1\u4fa1\u683c\u9ad8\u9a30\u3078<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11762\" data-type=\"post\" data-id=\"11762\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30c9\u30eb\u304c\u4e0b\u843d\u3057\u305f\u3089\u30a2\u30e1\u30ea\u30ab\u306f\u7d42\u308f\u308a<\/a><\/li><\/ul>\n\n\n\n<p><strong>\u682a\u5f0f\u5e02\u5834\u306e\u52d5\u5411\u898b\u901a\u3057<\/strong><\/p>\n\n\n\n<p>\u3060\u304b\u3089\u7b46\u8005\u306f\u682a\u5f0f\u5e02\u5834\u306b\u3042\u307e\u308a\u6ce8\u76ee\u3057\u3066\u3044\u306a\u3044\u3002\u3057\u304b\u3057\u682a\u5f0f\u5e02\u5834\u306e\u4e2d\u671f\u7684\u306a\u5024\u52d5\u304d\u306f\u4ed6\u306e\u8cc7\u7523\u30af\u30e9\u30b9\u306b\u3082\u5f71\u97ff\u3092\u53ca\u307c\u3059\u305f\u3081\u3001\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e\u610f\u898b\u3092\u805e\u3044\u3066\u304a\u304f\u3053\u3068\u306f\u640d\u306b\u306f\u306a\u3089\u306a\u3044\u3060\u308d\u3046\u3002\u5f7c\u306f\u4e0b\u843d\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u306b\u3064\u3044\u3066\u7d50\u69cb\u5177\u4f53\u7684\u306a\u3053\u3068\u3092\u8a00\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>9\u6708\u306810\u6708\u306f\u901a\u5e38\u682a\u5f0f\u5e02\u5834\u306b\u3068\u3063\u3066\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u304c\u6700\u5f31\u306e\u6708\u3060\u3002\u300c5\u6708\u306b\u58f2\u3063\u3066\u52b4\u50cd\u8005\u306e\u65e5\uff089\u6708\uff09\u306b\u623b\u3063\u3066\u3053\u3044\u300d\u3068\u3044\u3046\u53e4\u3044\u8a00\u3044\u56de\u3057\u304c\u3042\u308b\u304c\u3001\u5b9f\u969b\u306b\u306f\u8ffd\u60bc\u8a18\u5ff5\u65e5\uff085\u6708\uff09\u306b\u58f2\u3063\u3066\u30ef\u30fc\u30eb\u30c9\u30b7\u30ea\u30fc\u30ba\u306e\u7b2c1\u8a66\u5408\uff0810\u6708\uff09\u306b\u8cb7\u3046\u3068\u3044\u3046\u306e\u304c\u682a\u5f0f\u5e02\u5834\u306e\u826f\u3044\u5165\u308a\u65b9\u3060\u3002<\/p><p>\u3060\u304b\u3089\u4eca\u5e74\u306e9\u6708\u306810\u6708\u306f\u304b\u306a\u308a\u8352\u308c\u305f\u6708\u306b\u306a\u308b\u3060\u308d\u3046\u300215%\u304b\u305d\u308c\u3088\u308a\u5c11\u3057\u5927\u304d\u3044\u4e0b\u843d\u5e45\u306b\u306a\u308b\u3060\u308d\u3046\u3002\u3057\u304b\u3057\u30c9\u30b8\u30e3\u30fc\u30ba\uff08\u8a33\u6ce8\uff1a\u30ed\u30b5\u30f3\u30bc\u30eb\u30b9\u306e\u30c1\u30fc\u30e0\uff09\u304c\u30ef\u30fc\u30eb\u30c9\u30b7\u30ea\u30fc\u30ba\u306e\u958b\u5e55\u8a66\u5408\u306b\u51fa\u308b\u9803\u306b\u306f\u682a\u5f0f\u3092\u8cb7\u3063\u3066\u3082\u826f\u3044\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306f\u4ed6\u306b\u30c6\u30fc\u30d1\u30ea\u30f3\u30b0\u304c\u682a\u5f0f\u306b\u3068\u3063\u3066\u30de\u30a4\u30ca\u30b9\u306b\u306a\u308b\u3053\u3068\u3092\u61f8\u5ff5\u3057\u3066\u3044\u308b\u3002\u6bb5\u3005\u30de\u30a4\u30ca\u30b9\u8981\u56e0\u3092\u7121\u8996\u3057\u3066\u4e0a\u304c\u3063\u3066\u3044\u304f\u76f8\u5834\u306b\u306a\u3063\u3066\u304d\u305f\u3053\u3068\u306f\u78ba\u304b\u3060\u304c\u3001\u91d1\u5229\u4f4e\u4e0b\u306a\u3069\u4e0a\u6607\u3092\u6b63\u5f53\u5316\u3067\u304d\u308b\u8981\u7d20\u3082\u3042\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e\u4e88\u60f3\u306f\u3069\u3046\u306a\u308b\u3060\u308d\u3046\u304b\u3002\u5f15\u304d\u7d9a\u304d\u8457\u540d\u6295\u8cc7\u5bb6\u306e\u52d5\u5411\u3092\u4f1d\u3048\u3066\u3086\u304f\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u76f8\u5834\u306a\u3069\u3092\u7684\u78ba\u306b\u5f53\u3066\u7d9a\u3051\u3066\u3044\u308bGuggenheim Partners\u306e\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u304cBloomberg\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u306a\u304b\u306a\u304b\u4e0b\u843d\u3057\u306a\u3044\u682a\u5f0f\u5e02\u5834\u306e\u4e0b\u843d\u4e88\u60f3\u3092\u7d9a\u3051\u3066\u3044\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":[59,111],"tags":[168],"class_list":["post-14566","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","tag-scott-minerd"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/14566","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=14566"}],"version-history":[{"count":6,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/14566\/revisions"}],"predecessor-version":[{"id":14574,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/14566\/revisions\/14574"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=14566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=14566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=14566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}