{"id":31979,"date":"2022-12-20T15:56:46","date_gmt":"2022-12-20T06:56:46","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=31979"},"modified":"2022-12-20T22:54:02","modified_gmt":"2022-12-20T13:54:02","slug":"%e6%97%a5%e9%8a%80%e3%81%8cycc%e5%a4%89%e6%9b%b4%e3%81%a7%e9%95%b7%e6%9c%9f%e9%87%91%e5%88%a9%e3%81%ae%e4%b8%8a%e6%98%87%e3%82%92%e8%a8%b1%e5%ae%b9%e3%80%81%e6%97%a5%e6%9c%ac%e3%82%82%e9%87%91","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31979","title":{"rendered":"\u65e5\u9280\u304cYCC\u5909\u66f4\u3067\u9577\u671f\u91d1\u5229\u306e\u4e0a\u6607\u3092\u8a31\u5bb9\u3001\u65e5\u672c\u3082\u91d1\u5229\u4e0a\u6607\u306b\u3088\u308b\u666f\u6c17\u5f8c\u9000\u3078"},"content":{"rendered":"\n<p>12\u670820\u65e5\u3001\u65e5\u672c\u9280\u884c\u306f\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\u306e\u7d50\u679c\u3092\u767a\u8868\u3057\u3001\u9577\u671f\u3068\u77ed\u671f\u306e\u91d1\u5229\u3092\u64cd\u4f5c\u3059\u308b\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u306b\u304a\u3044\u3066\u3001\u9577\u671f\u91d1\u5229\u306e\u5909\u52d5\u5e45\u3092\u76ee\u6a19\u5024\uff08\u30bc\u30ed\u91d1\u5229\uff09\u306e\u300c\u30d7\u30e9\u30b9\u30de\u30a4\u30ca\u30b90.25%\u7a0b\u5ea6\u300d\u304b\u3089\u300c\u30d7\u30e9\u30b9\u30de\u30a4\u30ca\u30b90.5%\u7a0b\u5ea6\u300d\u306b\u5909\u66f4\u3057\u305f\u3002<\/p>\n\n\n\n<p>\u65e5\u672c\u306e\u9577\u671f\u91d1\u5229\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u53d7\u3051\u3066\u9577\u3089\u304f\u4e0a\u9650\u306e0.25%\u306b\u5f35\u308a\u4ed8\u3044\u3066\u3044\u305f\u306e\u3067\u3001\u305d\u306e\u4e0a\u30d6\u30ec\u3092\u8a31\u3057\u305f\u5f62\u3067\u3001\u5b9f\u8cea\u7684\u306a\u5229\u4e0a\u3052\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u91d1\u878d\u7de9\u548c\u306e\u7d42\u308f\u308a<\/strong><\/p>\n\n\n\n<p>\u3053\u308c\u306f2013\u5e74\u306e\u30a2\u30d9\u30ce\u30df\u30af\u30b9\u4ee5\u6765\u884c\u308f\u308c\u3066\u304d\u305f\u65e5\u9280\u306e\u91d1\u878d\u7de9\u548c\u306e\u7d42\u7109\u3067\u3042\u308b\u3002\u65e5\u9280\u306f\u7de9\u548c\u306b\u3088\u3063\u3066\u91d1\u5229\u3092\u4f4e\u304f\u4fdd\u3063\u3066\u304d\u305f\u304c\u3001\u3064\u3044\u306b\u91d1\u5229\u3092\u4f4e\u304f\u4fdd\u3064\u3053\u3068\u304c\u3067\u304d\u306a\u304f\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u4f55\u6545\u3067\u304d\u306a\u304f\u306a\u3063\u305f\u304b\u3068\u8a00\u3048\u3070\u3001\u6700\u521d\u306e\u7406\u7531\u306f\u5186\u5b89\u3067\u3042\u308b\u3002\u30c9\u30eb\u5186\u306e\u30ec\u30fc\u30c8\u306f\u6700\u8fd1\u306b\u306a\u3063\u3066\u4e0b\u843d\u3092\u59cb\u3081\u3066\u3044\u308b\u304c\u3001\u305d\u308c\u307e\u3067\u4eca\u5e74\u306e\u30c9\u30eb\u5186\u76f8\u5834\u306f\u6025\u6fc0\u306a\u4e0a\u6607\u304c\u8a71\u984c\u306b\u306a\u3063\u3066\u304a\u308a\u3001\u8ca1\u52d9\u7701\u3068\u65e5\u9280\u306f\u9577\u671f\u7684\u306b\u7121\u610f\u5473\u306a\u70ba\u66ff\u4ecb\u5165\u306b\u3088\u3063\u3066\u30c9\u30eb\u5186\u306e\u4e0a\u6607\uff08\u3064\u307e\u308a\u5186\u5b89\uff09\u3092\u6b62\u3081\u3088\u3046\u3068\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/30156\" data-type=\"post\" data-id=\"30156\">\u5168\u56fd\u65c5\u884c\u652f\u63f4\u3067\u65e5\u5e30\u308a\u306e\u65c5\u884c\u3092\u697d\u3057\u3080\u30c9\u30eb\u5186<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/28554\" data-type=\"post\" data-id=\"28554\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u70ba\u66ff\u4ecb\u5165\u3067\u30c9\u30eb\u5186\u304c\u6025\u843d\u3057\u305f\u3089\u30c9\u30eb\u5186\u306f\u8cb7\u3044\u5834<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30c9\u30eb\u5186\u304c\u4e0a\u6607\u3059\u308c\u3070\u3001\u8f38\u5165\u7269\u4fa1\u304c\u3069\u3093\u3069\u3093\u9ad8\u304f\u306a\u308a\u3001\u65e5\u672c\u4eba\u306f\u6d77\u5916\u306e\u88fd\u54c1\u304c\u8cb7\u3048\u306a\u304f\u306a\u308b\u3002\u65e5\u9280\u304c\u91d1\u878d\u7de9\u548c\u3092\u3057\u3066\u304d\u305f\u7406\u7531\u306e1\u3064\u306b\u3001\u5186\u5b89\u306b\u306a\u308c\u3070\u6d77\u5916\u304b\u3089\u898b\u3066\u65e5\u672c\u306e\u88fd\u54c1\u304c\u5b89\u304f\u306a\u308b\u306e\u3067\u6570\u5b57\u306e\u4e0a\u3067\u306f\u8f38\u51fa\u3067\u5132\u304b\u308b\u3068\u3044\u3046\u3082\u306e\u304c\u3042\u3063\u305f\u3002\u3060\u304b\u3089\u7d19\u5e63\u3092\u5237\u308a\u307e\u304f\u3063\u3066\u5186\u306e\u4fa1\u5024\u3092\u8584\u3081\u3001\u5186\u5b89\u306b\u3057\u3088\u3046\u3068\u3044\u3046\u308f\u3051\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u3053\u3046\u3057\u305f\u8003\u3048\u306e\u30ea\u30d5\u30ec\u8ad6\u8005\u304c\u898b\u843d\u3068\u3057\u3066\u3044\u308b\u3053\u3068\u304c1\u3064\u3042\u308b\u3002\u305d\u306e\u6226\u7565\u306b\u3088\u3063\u3066\u3001\u4fa1\u5024\u304c\u8584\u307e\u3063\u305f\u5186\u3067\u63db\u7b97\u3059\u308c\u3070\u5132\u304b\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u30c9\u30eb\u306a\u3069\u6d77\u5916\u306e\u901a\u8ca8\u3092\u57fa\u6e96\u306b\u8003\u3048\u308c\u3070\u3001\u5916\u56fd\u4eba\u304c\u65e5\u672c\u306e\u88fd\u54c1\u306b\u6255\u3063\u3066\u3044\u308b\u5bfe\u4fa1\uff08\u3064\u307e\u308a\u65e5\u672c\u4eba\u304c\u5f97\u3066\u3044\u308b\u3082\u306e\uff09\u306f\u5225\u306b\u4f55\u3082\u5909\u308f\u3063\u3066\u3044\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4f8b\u3048\u30701\u30c9\u30eb=100\u5186\u306e\u6642\u306b600\u4e07\u5186\uff08=6\u4e07\u30c9\u30eb\uff09\u306e\u65e5\u672c\u8eca\u304c\u3042\u308a\u30016\u4e07\u30c9\u30eb\u6301\u3063\u3066\u3044\u308b\u5916\u56fd\u4eba\u304c\u8cfc\u5165\u3092\u8003\u3048\u3066\u3044\u308b\u3068\u3057\u3088\u3046\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u304c\u5186\u5b89\u306b\u306a\u308a\u30011\u30c9\u30eb=120\u5186\u306b\u306a\u3063\u305f\u3068\u3059\u308b\u3002600\u4e07\u5186\u306e\u65e5\u672c\u8eca\u306f\u3001\u30c9\u30eb\u63db\u7b97\u3067\u306f6\u4e07\u30c9\u30eb\u3067\u306f\u306a\u304f5\u4e07\u30c9\u30eb\uff08=120\u5186 x 5\u4e07\uff09\u306b\u306a\u308b\u3002\u4e88\u7b97\u304c1\u4e07\u30c9\u30eb\u4f59\u3063\u305f\u306e\u3067\u3001\u3064\u3044\u3067\u306b\u8efd\u81ea\u52d5\u8eca\u3082\u8cb7\u3048\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u3067\u65e5\u672c\u4eba\u306f\u81ea\u52d5\u8eca\u3060\u3051\u3067\u306a\u304f\u8efd\u81ea\u52d5\u8eca\u3082\u58f2\u308c\u305f\u3068\u559c\u3076\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u3060\u304c\u5b9f\u969b\u306b\u306f\u3001\u5143\u30056\u4e07\u30c9\u30eb\u3092\u65e5\u672c\u8eca1\u3064\u3068\u4ea4\u63db\u3057\u3066\u3044\u305f\u3082\u306e\u3092\u3001\u5186\u5b89\u306b\u3088\u3063\u3066\u540c\u3058\u5831\u916c\u3067\u65e5\u672c\u8eca\u3068\u8efd\u81ea\u52d5\u8eca\u3092\u30bb\u30c3\u30c8\u3067\u8b72\u308a\u6e21\u3059\u7fbd\u76ee\u306b\u306a\u3063\u305f\u3060\u3051\u3067\u3001\u5f97\u3092\u3057\u3066\u3044\u308b\u306e\u306f\u5916\u56fd\u4eba\u306e\u307b\u3046\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u65e5\u672c\u5186\u306e\u4fa1\u5024\u304c\u4e0b\u304c\u308b\u306e\u3067\u3001\u65e5\u672c\u56fd\u6c11\u306f\u5916\u56fd\u306e\u88fd\u54c1\u304c\u8cb7\u3048\u306a\u304f\u306a\u308b\u3002\u5186\u5b89\u306e\u4f55\u304c\u826f\u3044\u306e\u304b\u8ab0\u304b\u8aac\u660e\u3057\u3066\u304f\u308c\u306a\u3044\u3060\u308d\u3046\u304b\uff1f<\/p>\n\n\n\n<p><strong>\u5186\u5b89\u653f\u7b56\u3068\u3044\u3046\u81ea\u6bba\u884c\u70ba<\/strong><\/p>\n\n\n\n<p>\u5186\u5b89\u306b\u3088\u3063\u3066\u5f97\u3092\u3057\u3066\u3044\u308b\u306e\u306f\u3001\u540c\u3058\u5bfe\u4fa1\u3067\u591a\u304f\u306e\u65e5\u672c\u88fd\u54c1\u3092\u624b\u306b\u3059\u308b\u5916\u56fd\u4eba\u3067\u3042\u308b\u3002\u305d\u308c\u304c\u5186\u5b89\u306e\u610f\u5473\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c2013\u5e74\u306b\u81ea\u6c11\u515a\u306b\u3088\u3063\u3066\u5186\u5b89\u653f\u7b56\u304c\u958b\u59cb\u3055\u308c\u3066\u4ee5\u6765\u3001\u3053\u3093\u306a\u7c21\u5358\u306a\u8aa4\u8b2c\u306b\u8ab0\u3082\u6c17\u304c\u4ed8\u304b\u306a\u304b\u3063\u305f\u3002\u5186\u5b89\u306f\u5358\u306a\u308b\u81ea\u6bba\u884c\u70ba\u3067\u3042\u308b\u3002\u3060\u304c\u8ab0\u3082\u6c17\u304c\u4ed8\u304b\u306a\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u5186\u306f\u3069\u3093\u3069\u3093\u5b89\u304f\u306a\u3063\u3066\u3044\u3063\u305f\u3002\u305d\u308c\u306f\u5186\u304b\u3089\u898b\u305f\u30c9\u30eb\u306e\u5024\u6bb5\u304c\u4e0a\u304c\u308b\u3068\u3044\u3046\u3053\u3068\u306a\u306e\u3067\u30012013\u5e74\u4ee5\u964d\u3069\u308c\u3060\u3051\u5186\u306e\u4fa1\u5024\u304c\u306a\u304f\u306a\u3063\u305f\u304b\u306f\u3001\u30c9\u30eb\u5186\u304c\u3069\u308c\u3060\u3051\u4e0a\u304c\u3063\u3066\u304d\u305f\u304b\u3092\u898b\u308c\u3070\u5206\u304b\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-20-usdjpy-long-term-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-20-usdjpy-long-term-chart.png\" alt=\"\" class=\"wp-image-31992\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-20-usdjpy-long-term-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-20-usdjpy-long-term-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p><strong>\u901a\u8ca8\u5b89\u306e\u610f\u5473\u306b\u3088\u3046\u3084\u304f\u6c17\u4ed8\u3044\u305f\u65e5\u672c\u4eba<\/strong><\/p>\n\n\n\n<p>\u5186\u5b89\u304c\u65e5\u672c\u4eba\u306b\u3068\u3063\u3066\u4f55\u306e\u5f97\u306b\u3082\u306a\u3089\u306a\u3044\u3068\u3044\u3046\u4e8b\u5b9f\u306f\u3001\u4e0a\u3067\u8aac\u660e\u3057\u305f\u901a\u308a2013\u5e74\u304b\u3089\u4f55\u3082\u5909\u308f\u3063\u3066\u3044\u306a\u304b\u3063\u305f\u304c\u3001\u65e5\u672c\u4eba\u306f10\u5e74\u8fd1\u304f\u7d4c\u904e\u3057\u305f2022\u5e74\u306b\u306a\u3063\u3066\u3088\u3046\u3084\u304f\u305d\u308c\u306b\u6c17\u4ed8\u3044\u305f\u3089\u3057\u3044\u3002\u6050\u308b\u3079\u304d\u982d\u306e\u56de\u8ee2\u306e\u901f\u3055\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u5e74\u306b\u5165\u3063\u3066\u304b\u3089\u306e\u30c9\u30eb\u5186\u4e0a\u6607\u306f\u3001\u30c9\u30eb\u306e\u91d1\u5229\u304c\u4e0a\u304c\u308a\u3001\u9ad8\u91d1\u5229\u306b\u60f9\u304b\u308c\u305f\u6295\u8cc7\u5bb6\u304c\u30c9\u30eb\u3092\u8cb7\u3063\u305f\u3068\u3044\u3046\u30c9\u30eb\u9ad8\u306e\u5074\u9762\u3082\u52ff\u8ad6\u3042\u308b\u3002\u3060\u304c\u4f8b\u3048\u3070\u4e16\u754c\u7684\u306b\u898b\u308c\u3070\u30e6\u30fc\u30ed\u3082\u4eca\u5e74\u4e0b\u843d\u3057\u305f\u901a\u8ca8\u306e1\u3064\u3060\u304c\u3001\u65e5\u672c\u5186\u306f\u305d\u306e\u30e6\u30fc\u30ed\u306b\u5bfe\u3057\u3066\u3082\u4e0b\u843d\uff08\u30e6\u30fc\u30ed\u5186\u306f\u4e0a\u6607\uff09\u3057\u3066\u3044\u308b\u3002\u4eca\u5e74\u306e\u30e6\u30fc\u30ed\u5186\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u4ee5\u4e0b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-20-eurjpy-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-20-eurjpy-chart.png\" alt=\"\" class=\"wp-image-31997\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-20-eurjpy-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-20-eurjpy-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u305d\u308c\u3069\u3053\u308d\u304b\u4eca\u5e74\u65e5\u672c\u5186\u306f\u30a4\u30f3\u30c9\u30cd\u30b7\u30a2\u30eb\u30d4\u30a2\u306a\u3069\u306e\u6771\u5357\u30a2\u30b8\u30a2\u306e\u901a\u8ca8\u3068\u6bd4\u3079\u3066\u3082\u4e0b\u843d\u3057\u3066\u304a\u308a\u3001\u5186\u304c\u30c9\u30eb\u4ee5\u5916\u306e\u901a\u8ca8\u306b\u6bd4\u3079\u3066\u3082\u3069\u308c\u3060\u3051\u4e0b\u304c\u3063\u305f\u304b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u539f\u56e0\u306f\u6d77\u5916\u306e\u8981\u56e0\u3067\u306f\u306a\u304f\u65e5\u672c\u56fd\u5185\u306e\u8981\u56e0\u306b\u3042\u308b\u3002\u305d\u3057\u3066\u305d\u306e\u8981\u56e0\u3068\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u554f\u984c\u306b\u306a\u3063\u3066\u3044\u308b\u73fe\u72b6\u306b\u304a\u3044\u3066\u3055\u3048\u3001\u65e5\u9280\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u76ee\u6307\u3057\u3066\u91d1\u878d\u7de9\u548c\u3092\u7d99\u7d9a\u3057\u3066\u304d\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u9ed2\u7530\u6c0f\u306f\u4e00\u4f53\u4f55\u3092\u76ee\u6307\u3057\u3066\u3044\u305f\u306e\u304b\u3002<\/p>\n\n\n\n<p><strong>\u3044\u307e\u3060\u306b\u30a4\u30f3\u30d5\u30ec\u3092\u76ee\u6307\u3057\u3066\u3044\u305f\u65e5\u9280<\/strong><\/p>\n\n\n\n<p>\u4e16\u754c\u4e2d\u304c\u7269\u4fa1\u9ad8\u9a30\u306b\u82e6\u3057\u307f\u3001\u65e5\u672c\u4eba\u3082\u3064\u3044\u306b\u59cb\u307e\u3063\u305f\u7269\u4fa1\u9ad8\u306b\u5598\u304e\u59cb\u3081\u305f2022\u5e74\u3001\u5e73\u5747\u7684\u306a\u65e5\u672c\u4eba\u306e\u5e74\u53ce\u306e\u4f55\u500d\u3082\u306e\u5831\u916c\u3092\u8cb0\u3044\u306a\u304c\u3089\u9ed2\u7530\u7dcf\u88c1\u304c\u4f55\u3092\u76ee\u6307\u3057\u3066\u304d\u305f\u304b\u3068\u3044\u3048\u3070\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u5f15\u304d\u8d77\u3053\u3059\u3053\u3068\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u306f\u8d77\u304d\u305f\u3002\u304a\u3081\u3067\u305f\u3044\u3053\u3068\u3067\u3042\u308b\u3002\u5f7c\u3089\u306f\u305a\u3063\u3068\u30a4\u30f3\u30d5\u30ec\u3092\u76ee\u6307\u3057\u3066\u304d\u3066\u3001\u81ea\u6c11\u515a\u306b\u6295\u7968\u3057\u305f\u6709\u6a29\u8005\u306f\u305d\u308c\u3092\u652f\u6301\u3057\u3066\u304d\u305f\u306e\u3060\u304b\u3089\u3001\u559c\u3093\u3067\u5f53\u7136\u306e\u7d50\u679c\u3067\u306f\u306a\u3044\u306e\u304b\u3002<\/p>\n\n\n\n<p>\u3082\u3046\u3053\u3053\u3067\u306f\u4f55\u5ea6\u3082\u8a00\u3063\u3066\u3044\u308b\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u3068\u306f\u7269\u4fa1\u9ad8\u306e\u3053\u3068\u3067\u3042\u308b\u3002\u305d\u308c\u4ee5\u4e0a\u306e\u610f\u5473\u306f\u4e00\u5207\u306a\u3044\u3002\u8f9e\u66f8\u3092\u5f15\u3044\u3066\u307b\u3057\u3044\u3002\u30a4\u30f3\u30d5\u30ec\u3068\u306f\u7269\u4fa1\u9ad8\u306e\u3053\u3068\u3067\u3042\u308b\u3002\u65e5\u9280\u306f\u305d\u308c\u3092\u76ee\u6307\u3057\u3001\u5b9f\u969b\u306b\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3063\u305f\u3002\u305d\u3046\u3057\u3066\u3088\u3046\u3084\u304f\u65e5\u672c\u4eba\u306f\u30a4\u30f3\u30d5\u30ec\u3068\u306f\u7269\u4fa1\u9ad8\u3068\u3044\u3046\u610f\u5473\u3060\u3068\u3044\u3046\u3053\u3068\u3092\u7406\u89e3\u3057\u305f\u3002<\/p>\n\n\n\n<p>\u3061\u306a\u307f\u306b\u4f55\u6545\u65e5\u9280\u304c\u305d\u308c\u3092\u76ee\u6307\u3057\u3066\u304d\u305f\u304b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u307e\u3060\u3042\u307e\u308a\u7406\u89e3\u3055\u308c\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/29198\" data-type=\"post\" data-id=\"29198\">\u5229\u4e0a\u3052\u3067\u9810\u91d1\u8005\u306f\u30a4\u30f3\u30d5\u30ec\u304b\u3089\u8cc7\u7523\u9632\u885b\u3067\u304d\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u65e5\u9280\u304c\u5229\u4e0a\u3052\u3092\u884c\u308f\u306a\u3044\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3042\u307e\u308a\u306b\u5927\u304d\u306a\u30b3\u30b9\u30c8\u306b\u5bfe\u3057\u3001\u5f97\u3089\u308c\u305f\u5b66\u3073\u304c\u305d\u308c\u3060\u3051\u3060\u3068\u3044\u3046\u306e\u306f\u3001\u3042\u3093\u307e\u308a\u3067\u306f\u306a\u3044\u304b\u3002\u305d\u308c\u304c\u81ea\u6c11\u515a\u3068\u65e5\u9280\u306e\u6492\u304d\u6563\u3089\u3057\u305f\u5b8c\u5168\u306a\u30c7\u30de\u3092\u7121\u6279\u5224\u306b\u4fe1\u3058\u305f\u3053\u3068\u306e\u5bfe\u4fa1\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19942\" data-type=\"post\" data-id=\"19942\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3063\u3066\u9a5a\u3044\u3066\u3044\u308b\u30ea\u30d5\u30ec\u6d3e\u306f\u99ac\u9e7f\u3058\u3083\u306a\u3044\u306e\u304b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u65e5\u9280\u306f\u4eca\u3084\u305d\u308c\u3092\u5dfb\u304d\u623b\u305d\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u3067\u306f\u306a\u304f\u30c7\u30d5\u30ec\u3092\u5f15\u304d\u8d77\u3053\u3059\u305f\u3081\u306b\u9577\u671f\u91d1\u5229\u3092\u4e0a\u6607\u3055\u305b\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30de\u30af\u30ed\u7d4c\u6e08\u5b66\u4e0a\u3001\u30a4\u30f3\u30d5\u30ec\u3068\u306f\u4f9b\u7d66\u904e\u5c11\u30fb\u9700\u8981\u904e\u591a\u3092\u610f\u5473\u3057\u3001\u30c7\u30d5\u30ec\u3068\u306f\u4f9b\u7d66\u904e\u5270\u30fb\u9700\u8981\u904e\u5c11\u3092\u610f\u5473\u3059\u308b\u3002\u7c21\u5358\u306b\u8a00\u3044\u76f4\u305b\u3070\u3001\u30a4\u30f3\u30d5\u30ec\u3068\u306f\u3082\u306e\u304c\u8db3\u308a\u306a\u3044\u3053\u3068\u3001\u30c7\u30d5\u30ec\u3068\u306f\u3082\u306e\u304c\u4f59\u3063\u3066\u3044\u308b\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u524d\u8005\u306e\u65b9\u304c\u826f\u3044\u3068\u3044\u3046\u30c7\u30de\u3092\u6d41\u3057\u305f\u306e\u306f\u8ab0\u304b\u300220\u4e16\u7d00\u306e\u5927\u7d4c\u6e08\u5b66\u8005\u30d5\u30ea\u30fc\u30c9\u30ea\u30d2\u30fb\u30d5\u30a9\u30f3\u30fb\u30cf\u30a4\u30a8\u30af\u6c0f\u306f\u3001\u305d\u308c\u304c\u30c7\u30de\u3067\u3042\u308b\u3068\u3044\u3046\u3053\u3068\u3092\u4f55\u5341\u5e74\u3082\u524d\u306b\u8b66\u544a\u3057\u3066\u3044\u305f\u3002\u3060\u304c\u6b63\u3057\u3044\u610f\u898b\u306f\u6c7a\u3057\u3066\u4e3b\u6d41\u306b\u306f\u306a\u3089\u306a\u3044\u3002\u4eba\u3005\u306f\u9593\u9055\u3063\u305f\u610f\u898b\u3092\u81ea\u5206\u304b\u3089\u6c42\u3081\u3066\u3086\u304f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31597\" data-type=\"post\" data-id=\"31597\">\u30cf\u30a4\u30a8\u30af: \u7de9\u3084\u304b\u306a\u30a4\u30f3\u30d5\u30ec\u304c\u6709\u76ca\u3067\u3042\u308b\u3068\u3044\u3046\u5e7b\u60f3<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3068\u3044\u3046\u3053\u3068\u3067\u3001\u4eca\u65e5\u306f\u65e5\u672c\u304c\u7121\u4e8b\u306b\u30a4\u30f3\u30d5\u30ec\u30bf\u30fc\u30b2\u30c3\u30c8\u3092\u9054\u6210\u3057\u305f\u8a18\u5ff5\u3059\u3079\u304d\u65e5\u3067\u3042\u308b\u3002\u304a\u3081\u3067\u305f\u3044\u3053\u3068\u3067\u306f\u306a\u3044\u304b\u3002\u304a\u9670\u3067\u6d88\u8cbb\u8005\u306f\u3082\u306e\u304c\u8cb7\u3048\u306a\u304f\u306a\u308a\u3001\u65e5\u672c\u5186\u306f\u9577\u671f\u7684\u306b\u3069\u3093\u3069\u3093\u4fa1\u5024\u304c\u306a\u304f\u306a\u308a\u3001\u65e5\u672c\u7d4c\u6e08\u306f\u6c88\u3093\u3067\u3086\u304f\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u5275\u696d\u8005\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u4e88\u60f3\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/30502\" data-type=\"post\" data-id=\"30502\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u65e5\u672c\u306f\u91d1\u5229\u9ad8\u9a30\u304b\u901a\u8ca8\u66b4\u843d\u304b\u3092\u9078\u3076\u3053\u3068\u306b\u306a\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3068\u3053\u308d\u3067\u4e00\u90e8\u306e\u4eba\u304c\u8a00\u3063\u3066\u3044\u305f\u3088\u3046\u306b\u3001\u65e5\u672c\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u300c\u30b3\u30b9\u30c8\u30d7\u30c3\u30b7\u30e5\u30a4\u30f3\u30d5\u30ec\u300d\u306a\u306e\u3067\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306f\u5fc5\u8981\u306a\u3044\u306e\u3067\u306f\u306a\u304b\u3063\u305f\u306e\u304b\uff1f\u3000\u30de\u30af\u30ed\u7d4c\u6e08\u5b66\u306e\u5b8c\u5168\u306a\u7d20\u4eba\u3067\u3042\u308b\u9ed2\u7530\u6c0f\u3092\u8650\u3081\u308b\u306e\u3082\u3001\u3053\u3053\u307e\u3067\u306b\u3057\u3066\u304a\u3053\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31363\" data-type=\"post\" data-id=\"31363\">\u30cf\u30a4\u30a8\u30af: \u30b3\u30b9\u30c8\u30d7\u30c3\u30b7\u30e5\u578b\u30a4\u30f3\u30d5\u30ec\u306f\u653f\u5e9c\u306e\u8cac\u4efb\u56de\u907f\u306e\u8a00\u3044\u8a33\u306b\u904e\u304e\u306a\u3044<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>12\u670820\u65e5\u3001\u65e5\u672c\u9280\u884c\u306f\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\u306e\u7d50\u679c\u3092\u767a\u8868\u3057\u3001\u9577\u671f\u3068\u77ed\u671f\u306e\u91d1\u5229\u3092\u64cd\u4f5c\u3059\u308b\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u306b\u304a\u3044\u3066\u3001\u9577\u671f\u91d1\u5229\u306e\u5909\u52d5\u5e45\u3092\u76ee\u6a19\u5024\uff08\u30bc\u30ed\u91d1\u5229\uff09\u306e\u300c\u30d7\u30e9\u30b9\u30de\u30a4\u30ca\u30b90.25%\u7a0b\u5ea6\u300d\u304b\u3089\u300c\u30d7\u30e9\u30b9\u30de\u30a4\u30ca\u30b90.5%\u7a0b\u5ea6 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31979\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u65e5\u9280\u304cYCC\u5909\u66f4\u3067\u9577\u671f\u91d1\u5229\u306e\u4e0a\u6607\u3092\u8a31\u5bb9\u3001\u65e5\u672c\u3082\u91d1\u5229\u4e0a\u6607\u306b\u3088\u308b\u666f\u6c17\u5f8c\u9000\u3078<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120,104,19,108],"tags":[],"class_list":["post-31979","post","type-post","status-publish","format-standard","hentry","category-usdjpy","category-japanese-bond-market","category-foreign-exchange-market","category-bond-markets"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/31979","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=31979"}],"version-history":[{"count":43,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/31979\/revisions"}],"predecessor-version":[{"id":32024,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/31979\/revisions\/32024"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=31979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=31979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=31979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}