{"id":57498,"date":"2024-12-23T19:36:03","date_gmt":"2024-12-23T10:36:03","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=57498"},"modified":"2024-12-23T19:36:04","modified_gmt":"2024-12-23T10:36:04","slug":"%e3%82%ac%e3%83%b3%e3%83%89%e3%83%a9%e3%83%83%e3%82%af%e6%b0%8f-%e6%97%a5%e6%9c%ac%e3%81%ae%e9%87%91%e5%88%a9%e3%81%8c%e4%b8%ad%e5%9b%bd%e3%81%ae%e9%87%91%e5%88%a9%e3%82%92%e4%b8%8a%e5%9b%9e%e3%81%a3","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/57498","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u65e5\u672c\u306e\u91d1\u5229\u304c\u4e2d\u56fd\u306e\u91d1\u5229\u3092\u4e0a\u56de\u3063\u305f"},"content":{"rendered":"\n<p>DoubleLine Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u81ea\u793e\u306e\u914d\u4fe1\u52d5\u753b\u3067\u65e5\u672c\u3068\u4e2d\u56fd\u306e\u91d1\u5229\u306b\u8a00\u53ca\u3057\u3066\u3044\u308b\u306e\u3067\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u4eca\u4e00\u756a\u71b1\u3044\u30c1\u30e3\u30fc\u30c8<\/strong><\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u958b\u53e3\u4e00\u756a\u3053\u3046\u8a00\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow 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decoding=\"async\" width=\"712\" height=\"523\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-20-japan-30-year-government-bond-yield-chart.png\" alt=\"\" class=\"wp-image-57500\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-20-japan-30-year-government-bond-yield-chart.png 712w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-20-japan-30-year-government-bond-yield-chart-300x220.png 300w\" sizes=\"auto, (max-width: 712px) 100vw, 712px\" 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srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-20-china-30-year-government-bond-yield-chart.png 712w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-20-china-30-year-government-bond-yield-chart-300x220.png 300w\" sizes=\"auto, (max-width: 712px) 100vw, 712px\" \/><\/a><\/figure>\n\n\n\n<p>2.0%\u3067\u3042\u308b\u3002\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u8a00\u3044\u305f\u3044\u3053\u3068\u306f\u3053\u308c\u3060\u3002\u65e5\u672c\u306e\u91d1\u5229\u304c\u9042\u306b\u4e2d\u56fd\u306e\u91d1\u5229\u3092\u8ffd\u3044\u8d8a\u3057\u305f\u3002<\/p>\n\n\n\n<p><strong>\u65e5\u4e2d\u306e\u91d1\u5229\u304c\u9006\u8ee2\u3057\u305f\u3053\u3068\u306e\u610f\u5473<\/strong><\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u30b3\u30e1\u30f3\u30c8\u3057\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>\u65e5\u672c\u306e\u91d1\u5229\u306f\u4f55\u5341\u5e74\u3082\u4eba\u70ba\u7684\u306b\u4f4e\u304f\u3055\u308c\u3066\u3044\u305f\u3053\u3068\u3067\u6709\u540d\u3060\u3063\u305f\u306e\u306b\u3001\u4e2d\u56fd\u306e\u91d1\u5229\u304c\u65e5\u672c\u306e\u91d1\u5229\u3088\u308a\u4f4e\u304f\u306a\u308b\u3068\u8ab0\u304c\u8003\u3048\u305f\u3060\u308d\u3046\u304b\uff1f<\/p>\n\n\n\n<p>\u3082\u3046\u4e00\u5ea6\u8a00\u3046\u304c\u3001\u6295\u8cc7\u5bb6\u306e\u601d\u3044\u8fbc\u307f\u306f\u3053\u308c\u307e\u3067\u306e\u9577\u671f\u30c8\u30ec\u30f3\u30c9\u306b\u5de6\u53f3\u3055\u308c\u3066\u304a\u308a\u3001\u305d\u308c\u306f\u3082\u306f\u3084\u5b58\u5728\u3057\u306a\u3044\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30b3\u30ed\u30ca\u4ee5\u5f8c\u306e\u30a4\u30f3\u30d5\u30ec\u3068\u91d1\u5229\u4e0a\u6607\u3067\u3001\u4e16\u754c\u306e\u91d1\u878d\u5e02\u5834\u3092\u53d6\u308a\u5dfb\u304f\u74b0\u5883\u306f\u304c\u3089\u308a\u3068\u5909\u308f\u3063\u305f\u3068\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3044\u3064\u3082\u8a00\u3063\u3066\u3044\u308b\u3002\u305d\u3057\u3066\u65e5\u4e2d\u306e\u91d1\u5229\u304c\u9006\u8ee2\u3057\u305f\u3053\u3068\u306f\u3001\u305d\u308c\u3092\u8868\u30591\u3064\u306e\u8c61\u5fb4\u7684\u306a\u51fa\u6765\u4e8b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u610f\u5473\u3059\u308b\u3068\u3053\u308d\u306f\u4f55\u304b\uff1f\u3000\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a9e\u3063\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>\u3053\u306e\u72b6\u6cc1\u306f\u3001\u4e2d\u56fd\u7d4c\u6e08\u306b\u3001\u4e2d\u56fd\u653f\u5e9c\u306e\u516c\u5f0f\u306e\u7d71\u8a08\u304c\u793a\u3057\u3066\u3044\u308b\u3088\u308a\u3082\u5927\u304d\u306a\u8ca0\u8377\u304c\u304b\u304b\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u610f\u5473\u3057\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4e2d\u56fd\u7d4c\u6e08\u306e\u72b6\u6cc1\u304c\u8868\u306b\u8868\u308c\u3066\u3044\u308b\u3088\u308a\u3082\u60aa\u3044\u3068\u3044\u3046\u3053\u3068\u3060\u3002\u682a\u4fa1\u306e\u65b9\u306f\u591a\u5c11\u53cd\u767a\u3057\u3066\u3044\u308b\u306e\u3060\u304c\u3001\u3069\u3046\u306a\u308b\u304b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/55048\" data-type=\"post\" 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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\u8aac\u660e\u3057\u3066\u3044\u305f\u56fd\u5bb6\u306e\u30b5\u30a4\u30af\u30eb\u306e\u8a71\u3067\u3042\u308b\u3002\u65e5\u672c\u3068\u30a2\u30e1\u30ea\u30ab\u306e\u30b5\u30a4\u30af\u30eb\u306f\u4e2d\u56fd\u3088\u308a\u6570\u5341\u5e74\u9032\u3093\u3067\u3044\u308b\u3002\u4e2d\u56fd\u306f\u3053\u308c\u304b\u3089\u3067\u3042\u308b\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>DoubleLine 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