{"id":57520,"date":"2024-12-24T20:14:10","date_gmt":"2024-12-24T11:14:10","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=57520"},"modified":"2024-12-24T20:14:11","modified_gmt":"2024-12-24T11:14:11","slug":"%e3%83%ad%e3%83%bc%e3%82%bc%e3%83%b3%e3%83%90%e3%83%bc%e3%82%b0%e6%b0%8f-2025%e5%b9%b4%e3%81%ab%e3%81%af%e3%82%a2%e3%83%a1%e3%83%aa%e3%82%ab%e3%81%af%e4%b8%80%e5%ba%a6%e3%82%82%e5%88%a9%e4%b8%8b","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/57520","title":{"rendered":"\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f: 2025\u5e74\u306b\u306f\u30a2\u30e1\u30ea\u30ab\u306f\u4e00\u5ea6\u3082\u5229\u4e0b\u3052\u3057\u306a\u3044\u53ef\u80fd\u6027"},"content":{"rendered":"\n<p>Rosenberg Research\u306e\u30c7\u30a4\u30f4\u30a3\u30c3\u30c9\u30fb\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f\u304c\u30c7\u30a4\u30f4\u30a3\u30c3\u30c9\u30fb\u30ea\u30f3\u6c0f\u306b\u3088\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30012025\u5e74\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u653f\u7b56\u306b\u3064\u3044\u3066\u8a71\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>FOMC\u4f1a\u5408\u3068\u682a\u4fa1\u4e0b\u843d<\/strong><\/p>\n\n\n\n<p>12\u6708\u306eFOMC\u4f1a\u5408\u306f\u682a\u5f0f\u5e02\u5834\u3092\u5927\u304d\u304f\u4e0b\u843d\u3055\u305b\u305f\u3002S&amp;P 500\u306e\u30c1\u30e3\u30fc\u30c8\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\/2024\/12\/2024-12-24-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"712\" height=\"523\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-24-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-57526\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-24-s-and-p-500-chart.png 712w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-24-s-and-p-500-chart-300x220.png 300w\" sizes=\"auto, (max-width: 712px) 100vw, 712px\" \/><\/a><\/figure>\n\n\n\n<p>\u4e0b\u843d\u304b\u3089\u6570\u65e5\u7d4c\u3061\u3001\u682a\u4fa1\u306f\u3042\u308b\u7a0b\u5ea6\u623b\u3057\u3066\u3044\u308b\u304c\u305d\u308c\u3092\u3069\u3046\u8003\u3048\u308b\u304b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306f0.25%\u306e\u5229\u4e0b\u3052\u3092\u884c\u306a\u3063\u305f\u304c\u3001\u305d\u308c\u3067\u3082\u682a\u4fa1\u306f\u305d\u306e\u65e5\u5927\u304d\u304f\u4e0b\u843d\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/57422\" data-type=\"post\" data-id=\"57422\">\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u3001FOMC\u4f1a\u5408\u3067\u5229\u4e0b\u3052\u6e1b\u901f\u3092\u793a\u5506\u3001\u682a\u4fa1\u5927\u5e45\u4e0b\u843d<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u306e\u7406\u7531\u306b\u3064\u3044\u3066\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\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>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u767a\u8a00\u3067\u91cd\u8981\u3060\u3063\u305f\u306e\u306f\u3001\u91d1\u878d\u653f\u7b56\u306f\u3082\u306f\u3084\u5927\u304d\u304f\u5f15\u304d\u7de0\u3081\u7684\u3067\u306f\u306a\u304f\u3001\u653f\u7b56\u91d1\u5229\u306f\u4e2d\u7acb\u91d1\u5229\u304b\u3089\u305d\u308c\u307b\u3069\u9060\u304f\u306a\u3044\u3068\u3044\u304d\u306a\u308a\u4e3b\u5f35\u3057\u305f\u3053\u3068\u3060\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u767a\u8a00\u304c\u4eba\u3005\u306e\u4e0d\u610f\u3092\u3064\u3044\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u682a\u5f0f\u5e02\u5834\u3092\u9a5a\u304b\u305b\u305f\u306e\u306f\u30012025\u5e74\u306e\u5229\u4e0b\u3052\u306b\u95a2\u3059\u308b\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u898b\u65b9\u3067\u3042\u308b\u3002\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\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>\u91d1\u878d\u5e02\u5834\u306f\u5143\u30052\u56de\u306e\u5229\u4e0b\u3052\u3057\u304b\u60f3\u5b9a\u3057\u3066\u3044\u306a\u304b\u3063\u305f\u3057\u3001Fed\u304c\u516c\u5f0f\u306b\u8868\u660e\u3057\u305f\u306e\u30822\u56de\u306e\u5229\u4e0b\u3052\u3060\u304c\u3001\u91d1\u878d\u5e02\u5834\u306f\u305d\u308c\u30671\u56de\u306e\u5229\u4e0b\u3052\u3057\u304b\u7e54\u308a\u8fbc\u307e\u306a\u304f\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u96a0\u3055\u308c\u305f\u30e1\u30c3\u30bb\u30fc\u30b8\u306f\u3053\u3046\u3060\u30022025\u5e74\u306b\u306f\u3082\u3057\u304b\u3057\u305f\u30891\u5ea6\u3082\u5229\u4e0b\u3052\u3057\u306a\u3044\u53ef\u80fd\u6027\u3059\u3089\u3042\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u91d1\u5229\u3068\u682a\u4fa1<\/strong><\/p>\n\n\n\n<p>\u4f55\u6545\u305d\u308c\u304c\u91cd\u8981\u306a\u306e\u304b\u3002\u7c73\u56fd\u50b5\u306e\u91d1\u5229\u3092\u671f\u9650\u306e\u9806\u306b\u4e26\u3079\u308b\u3068\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>1\u5e74\u7269\u56fd\u50b5:<\/strong> 4.26%<\/li>\n\n\n\n<li><strong>2\u5e74\u7269\u56fd\u50b5:<\/strong> 4.30%<\/li>\n\n\n\n<li><strong>3\u5e74\u7269\u56fd\u50b5:<\/strong> 4.36%<\/li>\n\n\n\n<li><strong>5\u5e74\u7269\u56fd\u50b5:<\/strong> 4.44%<\/li>\n\n\n\n<li><strong>10\u5e74\u7269\u56fd\u50b5:<\/strong> 4.59%<\/li>\n\n\n\n<li><strong>30\u5e74\u7269\u56fd\u50b5:<\/strong> 4.78%<\/li>\n<\/ul>\n\n\n\n<p>\u3053\u308c\u306f\u8981\u3059\u308b\u306b\u3001\u4eca\u5f8c30\u5e74\u9593\u91d1\u5229\u306f\u307b\u3068\u3093\u3069\u5909\u308f\u3089\u306a\u3044\u3001\u5229\u4e0b\u3052\u3082\u307b\u3068\u3093\u3069\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3092\u610f\u5473\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u306f\u682a\u4fa1\u306b\u4f55\u3092\u610f\u5473\u3059\u308b\u304b\u3002\u682a\u4fa1\u306f\u91d1\u878d\u653f\u7b56\u3068\u5b9f\u4f53\u7d4c\u6e08\u306e2\u3064\u306b\u652f\u3048\u3089\u308c\u3066\u3044\u308b\u306e\u3067\u3001\u91d1\u878d\u653f\u7b56\u306e\u652f\u3048\u304c\u4eca\u5f8c\u671b\u3081\u306a\u3044\u306e\u3067\u3042\u308c\u3070\u3001\u73fe\u5728\u306e\u682a\u4fa1\u4e0a\u6607\u306f\u5b9f\u4f53\u7d4c\u6e08\u306e\u5f37\u3055\u306b\u4f9d\u5b58\u3059\u308b\u307b\u304b\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u7279\u306b\u30019\u6708\u4ee5\u964d\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u306e\u3060\u304b\u3089\u3001\u305d\u308c\u3092\u6b63\u5f53\u5316\u3059\u308b\u3088\u3046\u306a\u304b\u306a\u308a\u5f37\u3044\u7d4c\u6e08\u3092\u682a\u5f0f\u5e02\u5834\u306f\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306b\u6c42\u3081\u3066\u3044\u308b\u3053\u3068\u306b\u306a\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\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\/2024\/12\/2024-12-24-us-10-year-treasury-bond-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"712\" height=\"523\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-24-us-10-year-treasury-bond-yield-chart.png\" alt=\"\" class=\"wp-image-57534\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-24-us-10-year-treasury-bond-yield-chart.png 712w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/12\/2024-12-24-us-10-year-treasury-bond-yield-chart-300x220.png 300w\" sizes=\"auto, (max-width: 712px) 100vw, 712px\" \/><\/a><\/figure>\n\n\n\n<p>\u4f55\u5ea6\u3082\u7e70\u308a\u8fd4\u3059\u304c\u3001\u91d1\u5229\u4e0a\u6607\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u3066\u826f\u3044\u306e\u306f\u7d4c\u6e08\u304c\u5f37\u3044\u6642\u3060\u3051\u3067\u3042\u308b\u3002\u6765\u5e74\u304b\u3089\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u7d4c\u6e08\u653f\u7b56\u304c\u5177\u4f53\u7684\u306b\u51fa\u3066\u304f\u308b\u3060\u308d\u3046\u304c\u3001\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304c\u5e02\u5834\u306e\u9ad8\u3044\u671f\u5f85\u306b\u5fdc\u3048\u3089\u308c\u306a\u3044\u5834\u5408\u3001\u682a\u5f0f\u5e02\u5834\u306b\u306f\u91d1\u5229\u4e0a\u6607\u5206\u306e\u4e0b\u843d\u304c\u3042\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u306f\u8b66\u544a\u3057\u3066\u304a\u304b\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3060\u308d\u3046\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rosenberg Research\u306e\u30c7\u30a4\u30f4\u30a3\u30c3\u30c9\u30fb\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f\u304c\u30c7\u30a4\u30f4\u30a3\u30c3\u30c9\u30fb\u30ea\u30f3\u6c0f\u306b\u3088\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30012025\u5e74\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u653f\u7b56\u306b\u3064\u3044\u3066\u8a71\u3057\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":[59,118,111,108],"tags":[190],"class_list":["post-57520","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-bond-markets","tag-david-rosenberg"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/57520","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=57520"}],"version-history":[{"count":13,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/57520\/revisions"}],"predecessor-version":[{"id":57535,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/57520\/revisions\/57535"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=57520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=57520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=57520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}