{"id":18078,"date":"2021-12-10T20:02:04","date_gmt":"2021-12-10T11:02:04","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=18078"},"modified":"2021-12-10T20:02:11","modified_gmt":"2021-12-10T11:02:11","slug":"%e3%82%b8%e3%83%a3%e3%83%b3%e3%82%af%e5%82%b5%e3%81%ae%e7%a9%ba%e5%a3%b2%e3%82%8a%e3%81%af%e5%ae%89%e5%85%a8%e3%81%aa%e3%83%98%e3%83%83%e3%82%b8%e3%81%ab%e3%81%aa%e3%82%8b%e3%81%8b","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18078","title":{"rendered":"\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u7a7a\u58f2\u308a\u306f\u5b89\u5168\u306a\u30d8\u30c3\u30b8\u306b\u306a\u308b\u304b"},"content":{"rendered":"\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u304c\u4e2d\u592e\u9280\u884c\u3092\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306b\u8ffd\u3044\u3084\u3063\u3066\u3044\u308b\u3002\u3053\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306f\u6050\u3089\u304f\u6765\u5e74\u4e2d\u306b\u682a\u4fa1\u304c\u8010\u3048\u3089\u308c\u306a\u3044\u6c34\u6e96\u306b\u307e\u3067\u5f37\u307e\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>2022\u5e74\u306e\u682a\u5b89\u76f8\u5834<\/strong><\/p>\n\n\n\n<p>\u3044\u3064\u304c\u682a\u5f0f\u5e02\u5834\u306e\u5929\u4e95\u306b\u306a\u308b\u304b\u3068\u3044\u3046\u8a71\u3082\u3053\u3053\u3067\u306f\u3057\u3066\u3044\u308b\u304c\u3001\u30d4\u30f3\u30dd\u30a4\u30f3\u30c8\u3067\u5f53\u3066\u308b\u3053\u3068\u306f\u30d7\u30ed\u3067\u3082\u56f0\u96e3\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17570\" data-type=\"post\" data-id=\"17570\">\u4e16\u754c\u7684\u30a4\u30f3\u30d5\u30ec\u3067\u682a\u4fa1\u66b4\u843d\u304c\u8d77\u304d\u308b\u306e\u306f\u3044\u3064\u304b<\/a><\/li><\/ul>\n\n\n\n<p>\u7b46\u8005\u306f\u305d\u3082\u305d\u3082\u3053\u306e\u72b6\u6cc1\u3067\u682a\u5f0f\u306b\u8ced\u3051\u308b\u3088\u3046\u306a\u3053\u3068\u306f\u3057\u3066\u3044\u306a\u3044\u304c\u3001\u8fb2\u4f5c\u7269\u306a\u3069\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u6301\u3063\u3066\u304a\u308a\u3001\u682a\u4fa1\u304c\u4e0b\u843d\u3059\u308c\u3070\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3082\u5f71\u97ff\u3092\u53d7\u3051\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u304c\u554f\u984c\u3068\u306a\u3063\u3066\u3044\u308b\u72b6\u6cc1\u3067\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3092\u624b\u653e\u3059\u3053\u3068\u306b\u3082\u30ea\u30b9\u30af\u304c\u3042\u308b\u3002\u3060\u304b\u3089\u3001\u30ea\u30b9\u30af\u30aa\u30d5\u3067\u5229\u76ca\u304c\u51fa\u308b\u3088\u3046\u306a\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u540c\u6642\u306b\u6301\u3063\u3066\u304a\u304f\u306e\u304c\u826f\u3044\u3060\u308d\u3046\u3002\u7b46\u8005\u306b\u3068\u3063\u3066\u305d\u308c\u306f\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u3067\u3042\u308a\u3001\u7c73\u56fd\u50b5\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17705\" data-type=\"post\" data-id=\"17705\">\u904e\u53bb5\u5e74\u3067\u8ca1\u653f\u9ed2\u5b57\u306e\u30b9\u30a4\u30b9\u3001\u901a\u8ca8\u4e0a\u6607\u3067\u4e2d\u9280\u304c\u70ba\u66ff\u4ecb\u5165\u3092\u8b66\u544a<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/15210\" data-type=\"post\" data-id=\"15210\">\u9577\u671f\u91d1\u5229\u3068\u30c6\u30fc\u30d1\u30ea\u30f3\u30b0\u306e\u95a2\u4fc2\u3001\u4eca\u5f8c\u306e\u63a8\u79fb\u4e88\u60f3<\/a><\/li><\/ul>\n\n\n\n<p>\u3053\u308c\u3089\u306f\u65e2\u306b\u5229\u76ca\u3092\u6319\u3052\u3066\u304f\u308c\u3066\u3044\u308b\u3002\u3057\u304b\u3057\u4ed6\u306b\u826f\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u306a\u3044\u3060\u308d\u3046\u304b\u3002<\/p>\n\n\n\n<p><strong>\u682a\u5b89\u3068\u30b8\u30e3\u30f3\u30af\u50b5<\/strong><\/p>\n\n\n\n<p>\u30b8\u30e3\u30f3\u30af\u50b5\u3001\u3064\u307e\u308a\u5012\u7523\u306e\u53ef\u80fd\u6027\u306e\u9ad8\u3044\u4f01\u696d\u306e\u50b5\u5238\u306f\u3001\u682a\u4fa1\u3068\u3068\u3082\u306b\u30ea\u30b9\u30af\u30aa\u30d5\u3067\u4e0b\u843d\u3059\u308b\u30cf\u30a4\u30ea\u30b9\u30af\u306e\u8cc7\u7523\u3068\u3057\u3066\u77e5\u3089\u308c\u3066\u3044\u308b\u3002\u682a\u5b89\u3068\u30ea\u30b9\u30af\u30aa\u30d5\u3067\u56fd\u50b5\u306e\u4fa1\u683c\u306f\u4e0a\u6607\u3059\u308b\u304c\u3001\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u4fa1\u683c\u306f\u4e0b\u843d\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u50b5\u5238\u5e02\u5834\u306e\u5c02\u9580\u5bb6\u3067\u3042\u308b\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u3001\u30b3\u30ed\u30ca\u798d\u3067\u50b5\u52d9\u304c\u81a8\u3089\u3093\u3060\u7d4c\u6e08\u306b\u304a\u3044\u3066\u306f\u30b8\u30e3\u30f3\u30af\u50b5\u306f\u682a\u5f0f\u3088\u308a\u3082\u5148\u306b\u4e0b\u843d\u3092\u59cb\u3081\u308b\u306f\u305a\u3060\u3068\u4e3b\u5f35\u3057\u3066\u3044\u308b\u3002\u305d\u308c\u3067\u7b46\u8005\u3082\u8208\u5473\u3092\u6301\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18024\" data-type=\"post\" data-id=\"18024\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u682a\u4fa1\u6025\u843d\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u306f\u30b8\u30e3\u30f3\u30af\u50b5\u304c\u6559\u3048\u3066\u304f\u308c\u308b<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u3053\u3067\u682a\u5b89\u76f8\u5834\u3068\u30b8\u30e3\u30f3\u30af\u50b5\u306b\u3064\u3044\u3066\u3082\u3046\u5c11\u3057\u8003\u3048\u3066\u307f\u3088\u3046\u3002\u307e\u305a\u30b3\u30ed\u30ca\u5f8c\u304b\u3089\u73fe\u5728\u307e\u3067\u306e\u30b8\u30e3\u30f3\u30af\u50b5ETF\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u898b\u308b\u3068\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\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\/12\/2021-12-10-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"408\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/12\/2021-12-10-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png\" alt=\"\" class=\"wp-image-18086\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/12\/2021-12-10-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/12\/2021-12-10-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart-300x198.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u65e2\u306b\u5931\u901f\u304c\u59cb\u307e\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u3002\u305f\u3060\u3001\u3053\u306e\u30b8\u30e3\u30f3\u30af\u50b5ETF\u306b\u306f\u682a\u4fa1\u3068\u306f\u5225\u306b4.44%\u306e\u914d\u5f53\u304c\u3042\u308b\u306e\u3067\u3001\u5408\u8a08\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306f\u3082\u3046\u5c11\u3057\u826f\u3044\u3082\u306e\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u305d\u308c\u3082\u542b\u3081\u3066\u3082\u5f90\u3005\u306b\u602a\u3057\u304f\u306a\u3063\u3066\u3044\u308b\u3053\u3068\u306f\u9593\u9055\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u3068\u30b8\u30e3\u30f3\u30af\u50b5<\/strong><\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u306b\u95a2\u3057\u3066\u8a00\u3048\u3070\u3001\u3069\u3046\u8003\u3048\u3066\u3082\u30a4\u30f3\u30d5\u30ec\u306f\u30b8\u30e3\u30f3\u30af\u50b5\u306b\u4e0d\u5229\u3067\u3042\u308b\u3002\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u5229\u56de\u308a\u306f\u56fd\u50b5\u306e\u5229\u56de\u308a\u306b\u3069\u308c\u3060\u3051\u30d7\u30ec\u30df\u30a2\u30e0\u304c\u4ed8\u304f\u304b\u306b\u3088\u3063\u3066\u6c7a\u307e\u308b\u3002\u56fd\u50b5\u306e\u5229\u56de\u308a\u306f\u30a4\u30f3\u30d5\u30ec\u7387\u306b\u5bfe\u3057\u3066\u3069\u308c\u3060\u3051\u30d7\u30ec\u30df\u30a2\u30e0\u304c\u4ed8\u304f\u304b\u3067\u6c7a\u307e\u308b\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u6b21\u306e\u3088\u3046\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u91d1\u5229 = \u30a4\u30f3\u30d5\u30ec\u7387 + \u56fd\u50b5\u306e\u5b9f\u8cea\u91d1\u5229 + \u30b8\u30e3\u30f3\u30af\u50b5\u30d7\u30ec\u30df\u30a2\u30e0\uff08\u30b9\u30d7\u30ec\u30c3\u30c9\u3068\u547c\u3076\uff09<\/li><\/ul>\n\n\n\n<p>\u3088\u3063\u3066\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0a\u304c\u308c\u3070\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u91d1\u5229\u3082\u4e0a\u304c\u308b\u3002\u50b5\u5238\u306b\u3068\u3063\u3066\u91d1\u5229\u4e0a\u6607\u306f\u4fa1\u683c\u4f4e\u4e0b\u3092\u610f\u5473\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u3067\u666f\u6c17\u5f8c\u9000\u3068\u3044\u3046\u30b7\u30ca\u30ea\u30aa\u306b\u8ced\u3051\u308b\u306b\u306f\u3001\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u7a7a\u58f2\u308a\u306f\u6700\u9069\u306a\u9078\u629e\u80a2\u3068\u306a\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u304c\u76f4\u63a5\u4fa1\u683c\u4e0b\u843d\u306e\u539f\u56e0\u306b\u306a\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u682a\u306e\u4e0b\u843d\u3068\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u4e0b\u843d<\/strong><\/p>\n\n\n\n<p>\u3057\u304b\u3057\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u4e0b\u843d\u3068\u682a\u4fa1\u306e\u4e0b\u843d\u304c\u540c\u3058\u30bf\u30a4\u30df\u30f3\u30b0\u306b\u306a\u308b\u306a\u3089\u3070\u3001\u3042\u307e\u308a\u826f\u3044\u30d8\u30c3\u30b8\u306b\u306f\u306a\u3089\u306a\u3044\u3002\u7d50\u5c40\u682a\u4fa1\u306e\u4e0b\u843d\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u53b3\u5bc6\u306b\u5f53\u3066\u308b\u5fc5\u8981\u304c\u3042\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u8a00\u3046\u3088\u3046\u306b\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u4e0b\u843d\u304c\u682a\u306e\u4e0b\u843d\u306b\u5148\u884c\u3059\u308b\u306a\u3089\u3070\u3001\u3053\u308c\u307b\u3069\u826f\u3044\u30d8\u30c3\u30b8\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u3067\u3001\u904e\u53bb\u306e\u4e0b\u843d\u306e\u30b1\u30fc\u30b9\u3067\u5b9f\u969b\u306b\u3069\u3046\u306a\u3063\u305f\u306e\u304b\u3092\u898b\u3066\u307f\u308b\u3068\u3001\u540c\u3058\u3088\u3046\u306b\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3067\u682a\u4fa1\u304c\u66b4\u843d\u3057\u305f2018\u5e74\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u6642\u306b\u306f\u30b8\u30e3\u30f3\u30af\u50b5\u306f\u6b21\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\/12\/2018-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"408\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/12\/2018-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png\" alt=\"\" class=\"wp-image-18090\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/12\/2018-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/12\/2018-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart-300x198.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u3053\u306e\u6642\u7c73\u56fd\u682a\u306f\u6b21\u306e\u3088\u3046\u306b\u63a8\u79fb\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/06\/2018-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"378\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/06\/2018-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-13880\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/06\/2018-s-and-p-500-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/06\/2018-s-and-p-500-chart-300x185.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/a><\/figure>\n\n\n\n<p>2018\u5e74\u306b\u306f\u521d\u982d\u306b\u307e\u305a\u4e00\u5ea6\u76ee\u306e\u6025\u843d\u304c\u3042\u308a\u3001\u305d\u3053\u304b\u3089\u7acb\u3061\u76f4\u3063\u305f\u5f8c\u3001\u79cb\u9803\u306b\u672c\u683c\u7684\u306a\u4e0b\u843d\u76f8\u5834\u304c\u3042\u3063\u305f\u3002\u305d\u306e\u9593\u4e2d\u592e\u9280\u884c\u306f\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u884c\u3044\u7d9a\u3051\u3066\u3044\u308b\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>\u3053\u308c\u3089\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u773a\u3081\u308b\u3068\u975e\u5e38\u306b\u826f\u3044\u30cb\u30e5\u30fc\u30b9\u304c\u3042\u308b\u3002\u30b8\u30e3\u30f3\u30af\u50b5ETF\u306f\u682a\u4fa1\u304c\u307e\u3060\u529b\u5f37\u304f\u4e0a\u6607\u3057\u3066\u3044\u305f2017\u5e74\u672b\u306b\u306f\u65e2\u306b\u4e0b\u843d\u3092\u59cb\u3081\u3066\u304a\u308a\u3001\u305d\u306e\u5f8c\u307b\u307c\u4e00\u8cab\u3057\u3066\u4e0b\u304c\u308a\u7d9a\u3051\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3053\u308c\u306f\u6050\u3089\u304f\u975e\u5e38\u306b\u826f\u3044\u30d8\u30c3\u30b8\u306b\u306a\u308b\u3002\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306a\u3069\u7b46\u8005\u306e\u30ea\u30b9\u30af\u30aa\u30d5\u30c8\u30ec\u30fc\u30c9\u306e\u4e2d\u306b\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u7a7a\u58f2\u308a\u304c\u52a0\u308f\u3063\u305f\u3053\u3068\u306b\u306a\u308b\u3002\u6d41\u77f3\u306f\u4e16\u754c\u5c48\u6307\u306e\u50b5\u5238\u306e\u5c02\u9580\u5bb6\u306e\u8a00\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\/18024\" data-type=\"post\" data-id=\"18024\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u682a\u4fa1\u6025\u843d\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u306f\u30b8\u30e3\u30f3\u30af\u50b5\u304c\u6559\u3048\u3066\u304f\u308c\u308b<\/a><\/li><\/ul>\n\n\n\n<p>\u3053\u308c\u3068\u306f\u5225\u306e\u8a71\u306b\u306a\u308b\u304c\u3001\u6052\u5927\u96c6\u56e3\u304c\u3069\u3046\u3084\u3089\u3088\u3046\u3084\u304f\u30c7\u30d5\u30a9\u30eb\u30c8\u3057\u305f\u3088\u3046\u3067\u3042\u308b\u3002\u7b46\u8005\u306e2022\u5e74\u898b\u901a\u3057\u306b\u5fc5\u8981\u306a\u30d4\u30fc\u30b9\u304c\u3059\u3079\u3066\u63c3\u3063\u3066\u304d\u305f\u3088\u3046\u306b\u601d\u3046\u3002\u6295\u8cc7\u5bb6\u306f\u5341\u5206\u306b\u6ce8\u610f\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/15898\" data-type=\"post\" data-id=\"15898\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u4e2d\u56fd\u6052\u5927\u96c6\u56e3\u306e\u30c7\u30d5\u30a9\u30eb\u30c8\u5371\u6a5f\u306f\u65e5\u672c\u306e\u30d0\u30d6\u30eb\u5d29\u58ca\u3068\u540c\u3058\u3067\u6975\u3081\u3066\u6df1\u523b<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17503\" data-type=\"post\" data-id=\"17503\">\u4e16\u754c\u7684\u30a4\u30f3\u30d5\u30ec\u306f\u682a\u4fa1\u66b4\u843d\u3092\u5f15\u304d\u8d77\u3053\u3059\u30002022\u5e74\u682a\u5f0f\u5e02\u5834\u898b\u901a\u3057<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u304c\u4e2d\u592e\u9280\u884c\u3092\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306b\u8ffd\u3044\u3084\u3063\u3066\u3044\u308b\u3002\u3053\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306f\u6050\u3089\u304f\u6765\u5e74\u4e2d\u306b\u682a\u4fa1\u304c\u8010\u3048\u3089\u308c\u306a\u3044\u6c34\u6e96\u306b\u307e\u3067\u5f37\u307e\u308b\u3060\u308d\u3046\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":[],"class_list":["post-18078","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/18078","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=18078"}],"version-history":[{"count":21,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/18078\/revisions"}],"predecessor-version":[{"id":18101,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/18078\/revisions\/18101"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=18078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=18078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=18078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}