{"id":49246,"date":"2024-05-27T20:31:37","date_gmt":"2024-05-27T11:31:37","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=49246"},"modified":"2024-05-27T20:31:38","modified_gmt":"2024-05-27T11:31:38","slug":"%e3%82%ac%e3%83%b3%e3%83%89%e3%83%a9%e3%83%83%e3%82%af%e6%b0%8f-%e3%82%82%e3%81%86%e9%87%91%e5%88%a9%e3%81%af%e3%82%bc%e3%83%ad%e3%81%ab%e3%81%af%e6%88%bb%e3%82%89%e3%81%aa%e3%81%84","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/49246","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u3082\u3046\u91d1\u5229\u306f\u30bc\u30ed\u306b\u306f\u623b\u3089\u306a\u3044"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u3001DoubleLine Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u81ea\u793e\u914d\u4fe1\u52d5\u753b\u306b\u304a\u3051\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u56de\u306f\u91d1\u5229\u306e\u9577\u671f\u898b\u901a\u3057\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u90e8\u5206\u3092\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u91d1\u5229\u4e88\u60f3<\/strong><\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f2019\u5e74\u306b\u3001\u91d1\u5229\u306f6%\u306b\u306a\u308b\u3068\u3044\u3046\u4e88\u8a00\u3092\u3057\u305f\u3053\u3068\u304c\u3042\u3063\u305f\u3002\u30b3\u30ed\u30ca\u524d\u3067\u3001\u8ab0\u3082\u304c\u4e16\u754c\u7d4c\u6e08\u306f\u4f4e\u91d1\u5229\u304c\u6c38\u9060\u306b\u7d9a\u304f\u3068\u601d\u3044\u8fbc\u3093\u3067\u3044\u305f\u6642\u4ee3\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u91d1\u5229\u306f\u7d50\u5c405%\u53f0\u306b\u306a\u3063\u305f\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u653f\u7b56\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\/2024\/05\/2024-5-27-federal-funds-rate-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/05\/2024-5-27-federal-funds-rate-chart.png\" alt=\"\" class=\"wp-image-49256\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/05\/2024-5-27-federal-funds-rate-chart.png 448w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/05\/2024-5-27-federal-funds-rate-chart-288x300.png 288w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/figure>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u30b3\u30ed\u30ca\u3092\u4e88\u60f3\u3057\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u3002\u91d1\u5229\u306b\u306f\u9577\u671f\u30b5\u30a4\u30af\u30eb\u304c\u3042\u308a\u3001\u30bc\u30ed\u91d1\u5229\u306e\u3042\u3068\u306f\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u3068\u91cf\u7684\u7de9\u548c\u3001\u73fe\u91d1\u7d66\u4ed8\u3092\u7d4c\u3066\u7269\u4fa1\u304c\u9ad8\u9a30\u3057\u91d1\u5229\u304c\u4e0a\u6607\u3057\u59cb\u3081\u308b\u3001\u3068\u3044\u3046\u6b74\u53f2\u7684\u306a\u30c8\u30ec\u30f3\u30c9\u63a8\u79fb\u3092\u77e5\u3063\u3066\u3044\u305f\u3060\u3051\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u91d1\u5229\u306e\u9577\u671f\u30b5\u30a4\u30af\u30eb\u306b\u3064\u3044\u3066\u306f\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u300e<a href=\"https:\/\/amzn.to\/3IWcV1T\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\u300f\u3067\u8a73\u3057\u304f\u8aac\u660e\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p><strong>\u91d1\u5229\u306f\u30bc\u30ed\u306b\u623b\u308b\u306e\u304b\uff1f<\/strong><\/p>\n\n\n\n<p>\u554f\u984c\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u306b\u3088\u3063\u3066\u4e0a\u304c\u3063\u3066\u3057\u307e\u3063\u305f\u91d1\u5229\u306f\u5143\u306e\u4f4e\u91d1\u5229\u306b\u623b\u308b\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u306e\u9ad8\u91d1\u5229\u306f\u4e00\u6642\u7684\u3067\u3042\u3063\u3066\u3001\u30bc\u30ed\u91d1\u5229\u3084\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u306e\u6642\u4ee3\u306f\u307e\u305f\u5fa9\u6d3b\u3059\u308b\u306e\u304b\uff1f\u3000\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u305d\u308c\u3092\u805e\u304b\u308c\u3066\u6b21\u306e\u3088\u3046\u306b\u7b54\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u7b54\u3048\u306f\u30ce\u30fc\u3060\u3002\u305d\u3046\u306f\u601d\u308f\u306a\u3044\u3002\u30ce\u30fc\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u6b63\u78ba\u306b\u8a00\u3048\u3070\u3001\u30bc\u30ed\u91d1\u5229\u306e\u6642\u4ee3\u304c\u623b\u3063\u3066\u304f\u308b\u3053\u3068\u306f\u3042\u308b\u3060\u308d\u3046\u3002\u3057\u304b\u3057\u305d\u308c\u306f\u3001\u91d1\u5229\u4e0a\u6607\u3068\u3044\u3046\u9577\u671f\u30c8\u30ec\u30f3\u30c9\u304c\u884c\u304d\u7740\u304f\u3068\u3053\u308d\u307e\u3067\u884c\u304d\u7740\u3044\u3066\u304b\u3089\u30011980\u5e74\u306b\u30dd\u30fc\u30eb\u30fb\u30dc\u30eb\u30ab\u30fc\u6c0f\u304c\u884c\u306a\u3063\u305f\u3088\u3046\u306a\u30a4\u30f3\u30d5\u30ec\u9000\u6cbb\u3068\u5927\u4e0d\u6cc1\u3092\u7d4c\u3066\u91d1\u5229\u4f4e\u4e0b\u306e\u6642\u4ee3\u306b\u623b\u308a\u3001\u6700\u7d42\u7684\u306b\u306f\u91d1\u5229\u304c\u30bc\u30ed\u306b\u623b\u3063\u3066\u304f\u308b\u3068\u3044\u3046\u4f55\u5341\u5e74\u3082\u306e\u30c8\u30ec\u30f3\u30c9\u3092\u7d4c\u3066\u304b\u3089\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308a\u3001\u591a\u304f\u306e\u4eba\u306e\u5bff\u547d\u306f\u305d\u308c\u3088\u308a\u77ed\u3044\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27377\" data-type=\"post\" data-id=\"27377\">\u30dd\u30fc\u30eb\u30fb\u30dc\u30eb\u30ab\u30fc\u6c0f\u30011980\u5e74\u306e\u30a4\u30f3\u30d5\u30ec\u6253\u5012\u304c\u3069\u308c\u3060\u3051\u53b3\u3057\u304b\u3063\u305f\u304b\u3092\u8a9e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u91d1\u5229\u4e0a\u6607\u306e\u6642\u4ee3<\/strong><\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u4e88\u60f3\u304c\u6b63\u3057\u3051\u308c\u3070\u3001\u554f\u984c\u306f\u4eca\u308f\u308c\u308f\u308c\u306f\u91d1\u5229\u4e0a\u6607\u306e\u6642\u4ee3\u306b\u751f\u304d\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u91d1\u5229\u4e0a\u6607\u306e\u6642\u4ee3\u306b\u306f\u3001\u91d1\u878d\u8cc7\u7523\u306e\u5024\u52d5\u304d\u306f\u91d1\u5229\u4f4e\u4e0b\u306e\u6642\u4ee3\u3068\u306f\u307e\u3063\u305f\u304f\u7570\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u591a\u304f\u306e\u4eba\u306f\u305d\u308c\u3092\u898b\u9003\u3057\u3066\u3044\u308b\u3002\u91d1\u5229\u4f4e\u4e0b\u306e\u6642\u4ee3\u306b\u8d77\u3053\u3063\u3066\u3044\u305f\u3053\u3068\u304c\u5f53\u305f\u308a\u524d\u306b\u306a\u308a\u3059\u304e\u3066\u3001\u305d\u308c\u304c\u91d1\u5229\u4e0a\u6607\u306e\u6642\u4ee3\u306b\u3082\u540c\u3058\u3088\u3046\u306b\u8d77\u304d\u308b\u3068\u52d8\u9055\u3044\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\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\">\n<p>\u4eca\u3001\u308f\u305f\u3057\u306f\u904e\u53bb\u306e\u76f8\u5834\u306e\u30d1\u30bf\u30fc\u30f3\u3092\u5c06\u6765\u306b\u5f53\u3066\u306f\u3081\u308b\u6642\u306b\u306f\u975e\u5e38\u306b\u6ce8\u610f\u6df1\u304f\u306a\u308b\u3088\u3046\u306b\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u91d1\u5229\u304c\u3069\u3046\u52d5\u304f\u304b\u3001\u666f\u6c17\u5f8c\u9000\u306e\u6642\u306b\u30c9\u30eb\u304c\u3069\u3046\u53cd\u5fdc\u3059\u308b\u304b\u3092\u8a71\u3059\u5834\u5408\u3001\u3053\u308c\u307e\u3067\u306e\u52d5\u304d\u306f\u9577\u671f\u7684\u306a\u91d1\u5229\u4f4e\u4e0b\u306e\u74b0\u5883\u306e\u3082\u3068\u3067\u8d77\u3053\u3063\u3066\u304d\u305f\u3002\u3060\u304c\u91d1\u5229\u4f4e\u4e0b\u306f\u3082\u3046\u7d42\u308f\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4f8b\u3048\u3070\u666f\u6c17\u5f8c\u9000\u6642\u306b\u306f\u30c9\u30eb\u306f\u65b0\u8208\u56fd\u306a\u3069\u306e\u901a\u8ca8\u306b\u5bfe\u3057\u3066\u4e0a\u6607\u3059\u308b\u306e\u304c\u5b9a\u77f3\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u4eca\u3001\u91d1\u5229\u4e0a\u6607\u306b\u3088\u3063\u3066\u653f\u5e9c\u306e\u56fd\u50b5\u5229\u6255\u3044\u304c\u6025\u5897\u3057\u3001\u8ca1\u653f\u304c\u304b\u306a\u308a\u5371\u3046\u3044\u72b6\u614b\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/49203\" data-type=\"post\" data-id=\"49203\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u7c73\u56fd\u306e\u5e74\u91d1\u306f\u30a4\u30f3\u30d5\u30ec\u9ad8\u91d1\u5229\u3067\u3042\u30684\u5e74\u3067\u7834\u7dbb\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304b\u3089\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\">\n<p>\u8ab0\u3082\u304c\u666f\u6c17\u5f8c\u9000\u3067\u30c9\u30eb\u304c\u5f37\u304f\u306a\u308b\u3068\u601d\u3063\u3066\u3044\u308b\u3002\u3057\u304b\u3057\u308f\u305f\u3057\u306f\u666f\u6c17\u5f8c\u9000\u3078\u306e\u7d4c\u6e08\u5bfe\u7b56\u306e\u526f\u4f5c\u7528\u3067\u30c9\u30eb\u306f\u975e\u5e38\u306b\u5f31\u304f\u306a\u308b\u3068\u601d\u3063\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u91d1\u5229\u4f4e\u4e0b\u306e\u6642\u4ee3\u306b\u304a\u3051\u308b\u5e38\u8b58\u3092\u91d1\u5229\u4e0a\u6607\u306e\u6642\u4ee3\u306b\u305d\u306e\u307e\u307e\u5f53\u3066\u306f\u3081\u3066\u306f\u306a\u3089\u306a\u3044\u3002\u305d\u308c\u304c\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u8b66\u544a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u9ad8\u91d1\u5229\u306e\u6642\u4ee3\u306b\u306f\u6210\u308a\u7acb\u305f\u306a\u3044\u4f4e\u91d1\u5229\u306e\u6642\u4ee3\u306e\u5e38\u8b58\u306f\u4ed6\u306b\u3042\u308b\u3060\u308d\u3046\u304b\u3002<\/p>\n\n\n\n<p>\u4f55\u3088\u308a\u682a\u4fa1\u306e\u63a8\u79fb\u3060\u308d\u3046\u3002\u91d1\u5229\u4f4e\u4e0b\u306f\u682a\u4fa1\u306b\u3068\u3063\u3066\u30d7\u30e9\u30b9\u3067\u3042\u308b\u304b\u3089\u30011980\u5e74\u4ee5\u964d\u306e\u6570\u5341\u5e74\u306e\u91d1\u5229\u4f4e\u4e0b\u306f\u7c73\u56fd\u682a\u3092\u9577\u671f\u7684\u306b\u6301\u3061\u4e0a\u3052\u308b\u5927\u304d\u306a\u8981\u56e0\u3068\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u91d1\u5229\u4e0a\u6607\u306e\u6642\u4ee3\u306b\u306f\u91d1\u5229\u306e\u63a8\u79fb\u304c\u9006\u306b\u682a\u4fa1\u306e\u8db3\u3092\u5f15\u3063\u5f35\u308b\u9006\u98a8\u3068\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3046\u3044\u3046\u6642\u4ee3\u306b\u7c73\u56fd\u682a\u306f\u3069\u3046\u306a\u308b\u306e\u304b\u3002\u4f8b\u3048\u3070\u65e5\u672c\u682a\u304c30\u5e74\u3082\u4f4e\u8ff7\u3057\u305f\u7406\u7531\u306f\u3001\u540c\u3058\u6642\u671f\u306e\u7c73\u56fd\u682a\u306e\u3088\u3046\u306b\u91d1\u5229\u4f4e\u4e0b\u306e\u6069\u6075\u3092\u53d7\u3051\u3089\u308c\u306a\u304b\u3063\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3067\u306f\u540c\u3058\u3088\u3046\u306b\u91d1\u5229\u4f4e\u4e0b\u306e\u6069\u6075\u304c\u306a\u304f\u3001\u91d1\u5229\u4e0a\u6607\u306e\u91cd\u8377\u3092\u80cc\u8ca0\u3044\u306a\u304c\u3089\u63a8\u79fb\u3059\u308b\u7c73\u56fd\u682a\u306f\u3069\u3046\u306a\u308b\u306e\u304b\u3002<\/p>\n\n\n\n<p>\u3053\u3053\u306e\u8aad\u8005\u306b\u306f\u8a00\u3046\u307e\u3067\u3082\u306a\u3044\u3053\u3068\u3060\u304c\u3001\u7c73\u56fd\u682a\u306f1970\u5e74\u4ee3\u306b\u305d\u308c\u3092\u65e2\u306b\u8a66\u3057\u3066\u3044\u308b\u30021970\u5e74\u4ee3\u306e\u91d1\u5229\u4e0a\u6607\u306e\u6642\u4ee3\u306b\u306f\u7c73\u56fd\u682a\u306e\u30a4\u30f3\u30d5\u30ec\u8abf\u6574\u5f8c\u306e\u5b9f\u8cea\u30ea\u30bf\u30fc\u30f3\u306f\u5927\u304d\u306a\u30de\u30a4\u30ca\u30b9\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u5f53\u6642\u306e\u7c73\u56fd\u682a\u306e\u9577\u671f\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306b\u3064\u3044\u3066\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u89e3\u8aac\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/28426\" data-type=\"post\" data-id=\"28426\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u682a\u5f0f\u5e02\u5834\u306f40\u5e74\u524d\u306e\u7269\u4fa1\u9ad8\u9a30\u6642\u4ee3\u3088\u308a\u9177\u3044\u60e8\u72b6\u306b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u682a\u4fa1\u304c\u9577\u671f\u7684\u306b\u306f\u5e38\u306b\u4e0a\u6607\u3059\u308b\u3068\u3044\u3046\u306e\u306f\u9593\u9055\u3063\u305f\u4fe1\u4ef0\u3067\u3042\u308b\u3002\u6b63\u3057\u304f\u306f\u3001\u9577\u671f\u7684\u306a\u91d1\u5229\u4f4e\u4e0b\u306e\u8ffd\u3044\u98a8\u304c\u3042\u308c\u3070\u3001\u682a\u4fa1\u306f\u9577\u671f\u7684\u306b\u4e0a\u6607\u3059\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27644\" data-type=\"post\" data-id=\"27644\">\u300c\u682a\u5f0f\u6295\u8cc7\u306f\u9577\u671f\u7684\u306b\u306f\u307b\u307c\u5132\u304b\u308b\u300d\u3068\u3044\u3046\u4e3b\u5f35\u304c\u5b8c\u5168\u306b\u9593\u9055\u3063\u3066\u3044\u308b\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u91d1\u5229\u4e0a\u6607\u306e\u9006\u98a8\u304c\u3042\u308b\u5834\u5408\u306b\u306f\u3069\u3046\u306a\u308b\u304b\u3002\u682a\u4fa1\u306e\u77ed\u4e2d\u671f\u7684\u306a\u63a8\u79fb\u3092\u4e88\u60f3\u3059\u308b\u306b\u306f\u8907\u96d1\u306a\u30bf\u30a4\u30df\u30f3\u30b0\u306e\u554f\u984c\u304c\u3042\u308b\u3002\u3060\u304c\u9577\u671f\u7684\u306b\u306f\u5bb9\u6613\u3067\u3042\u308b\u3002\u9577\u671f\u7684\u306b\u306f\u682a\u4fa1\u306f\u91d1\u5229\u306b\u5f93\u3046\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/81CZHKszf9L._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u3001DoubleLine Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u81ea\u793e\u914d\u4fe1\u52d5\u753b\u306b\u304a\u3051\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002 \u4eca\u56de\u306f\u91d1\u5229\u306e\u9577\u671f\u898b\u901a\u3057\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u90e8\u5206\u3092\u7d39\u4ecb\u3057\u305f\u3044\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":[131],"class_list":["post-49246","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-jeffrey-gundlach"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/49246","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=49246"}],"version-history":[{"count":31,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/49246\/revisions"}],"predecessor-version":[{"id":49279,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/49246\/revisions\/49279"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=49246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=49246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=49246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}