{"id":59021,"date":"2025-01-28T20:00:00","date_gmt":"2025-01-28T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=59021"},"modified":"2025-01-28T15:26:59","modified_gmt":"2025-01-28T06:26:59","slug":"%e3%82%ac%e3%83%b3%e3%83%89%e3%83%a9%e3%83%83%e3%82%af%e6%b0%8f-%e7%b1%b3%e5%9b%bd%e5%82%b5%e3%81%ae%e5%a4%a7%e9%87%8f%e7%99%ba%e8%a1%8c%e3%81%af%e7%84%a1%e6%95%b5%e6%84%9f%e3%81%9f%e3%81%a0%e3%82%88","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/59021","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u7c73\u56fd\u50b5\u306e\u5927\u91cf\u767a\u884c\u306f\u7121\u6575\u611f\u305f\u3060\u3088\u3046\u7c73\u56fd\u682a\u306e\u30d0\u30d6\u30eb\u5d29\u58ca\u306b\u7e4b\u304c\u308b"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u3001\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u5275\u696d\u3057\u305fDoubleLine Capital\u306b\u3088\u308b\u6bce\u5e74\u597d\u4f8b\u306e\u5186\u5353\u4f1a\u8b70\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u56de\u306f\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u7c73\u56fd\u50b5\u3068\u682a\u5f0f\u5e02\u5834\u306e\u95a2\u4fc2\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>\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u5229\u4e0a\u6607\u3068\u8ca1\u653f\u8d64\u5b57<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u524d\u56de\u306e\u8a18\u4e8b\u3067\u306f\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u653f\u7b56\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/58989\" data-type=\"post\" data-id=\"58989\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u5931\u696d\u7387\u3092\u6291\u3048\u308b\u305f\u3081\u306b\u30a4\u30f3\u30d5\u30ec\u518d\u52a0\u901f\u3092\u5bb9\u8a8d\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u9577\u3089\u304f\u30c7\u30d5\u30ec\u4e88\u60f3\u3060\u3063\u305f\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3060\u304c\u30012025\u5e74\u306f\u30a4\u30f3\u30d5\u30ec\u52a0\u901f\u304b\u3089\u91d1\u5229\u4e0a\u6607\u3068\u3044\u3046\u30b7\u30ca\u30ea\u30aa\u3092\u652f\u6301\u3057\u3066\u3044\u308b\u3088\u3046\u3060\u3002<\/p>\n\n\n\n<p>\u4eca\u5e74\u3001\u91d1\u5229\u4e0a\u6607\u304c\u307e\u305a\u3044\u3068\u3044\u3046\u3053\u3068\u3092\u591a\u304f\u306e\u6295\u8cc7\u5bb6\u304c\u8b66\u544a\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\/58610\" data-type=\"post\" data-id=\"58610\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u5229\u4e0b\u3052\u3067\u9577\u671f\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u306e\u306f\u7c73\u56fd\u50b5\u66b4\u843d\u306e\u4e88\u5146<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/58799\" data-type=\"post\" data-id=\"58799\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u7c73\u56fd\u50b5\u306e\u7a7a\u58f2\u308a\u6210\u529f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u5371\u6a5f\u3092\u8b66\u544a<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u306e\u6839\u672c\u539f\u56e0\u306f\u30b3\u30ed\u30ca\u4ee5\u964d\u5de8\u984d\u306b\u306a\u3063\u305f\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u8d64\u5b57\u3060\u304c\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u8ca1\u653f\u8d64\u5b57\u306b\u3064\u3044\u3066\u6b21\u306e\u3088\u3046\u306b\u8aac\u660e\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>\u8ca1\u653f\u8d64\u5b57\u306e\u5f71\u97ff\u306f\u3082\u3046\u51fa\u59cb\u3081\u3066\u3044\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u653f\u5e9c\u50b5\u52d9\u306e\u5229\u6255\u3044\u306f\u3001\u8a08\u7b97\u65b9\u6cd5\u306b\u3082\u3088\u308b\u304c\u5e74\u95930.3\u5146\u30c9\u30eb\u304b\u30891\u5146\u30c9\u30eb\u4ee5\u4e0a\u306b\u307e\u3067\u5897\u52a0\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u8ca1\u653f\u8d64\u5b57\u304c\u6e1b\u3089\u306a\u3051\u308c\u3070\u3001\u3053\u306e\u6570\u5b57\u306f\u66f4\u306b\u5897\u52a0\u3059\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u8d64\u5b57\u306f\u3001\u30b3\u30ed\u30ca\u5f8c\u306e\u653f\u5e9c\u50b5\u52d9\u5897\u52a0\u3068\u91d1\u5229\u4e0a\u6607\u306b\u3088\u3063\u3066GDP\u306e4%\u306b\u9054\u3057\u3064\u3064\u3042\u308b\u3002\u3064\u307e\u308a\u3001GDP\u306e4%\u8fd1\u304f\u304c\u7c73\u56fd\u50b5\u306e\u5229\u6255\u3044\u3060\u3051\u3067\u6d88\u3048\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\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart.png\" alt=\"\" class=\"wp-image-51669\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart.png 448w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart-288x300.png 288w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/figure>\n\n\n\n<p>\u7c73\u56fd\u306f\u305d\u306e\u8d64\u5b57\u3092\u56fd\u50b5\u767a\u884c\u3067\u88dc\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u304c\u3001\u501f\u91d1\u306e\u5897\u52a0\u306f\u66f4\u306a\u308b\u5229\u6255\u3044\u3092\u751f\u3080\u306e\u3067\u3001\u30a2\u30e1\u30ea\u30ab\u653f\u5e9c\u306e\u8ca1\u653f\u306f\u81ea\u8ee2\u8eca\u64cd\u696d\u3068\u306a\u3063\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306f\u5927\u91cf\u767a\u884c\u3055\u308c\u3066\u3044\u308b\u7c73\u56fd\u50b5\u306b\u8cb7\u3044\u624b\u304c\u8db3\u308a\u306a\u304f\u306a\u3063\u3066\u3044\u308b\u3068\u4e3b\u5f35\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\/58858\" data-type=\"post\" data-id=\"58858\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u8ca1\u653f\u8d64\u5b57\u30923%\u306b\u4e0b\u3052\u306a\u3051\u308c\u3070\u7c73\u56fd\u50b5\u66b4\u843d\u3078<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u7c73\u56fd\u50b5\u4e0b\u843d\u3068\u91d1\u5229\u4e0a\u6607<\/strong><\/p>\n\n\n\n<p>\u8cb7\u3044\u624b\u4e0d\u8db3\u3067\u7c73\u56fd\u50b5\u306e\u4fa1\u683c\u304c\u4e0b\u843d\u3059\u308c\u3070\u3001\u91d1\u5229\u306f\u4e0a\u304c\u308b\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3001\u3053\u306e\u72b6\u6cc1\u3092\u4e00\u756a\u3088\u304f\u8868\u3057\u3066\u3044\u308b\u306e\u306f\u3001\u9577\u671f\u56fd\u50b5\u3068\u77ed\u671f\u56fd\u50b5\u306e\u91d1\u5229\u306e\u5dee\u3067\u3042\u308b\u9577\u77ed\u91d1\u5229\u5dee\u306e\u52d5\u304d\u3060\u3068\u3044\u3046\u3002<\/p>\n\n\n\n<p>\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>\u307e\u305a\u306f\u9577\u77ed\u91d1\u5229\u5dee\u304c\u958b\u3044\u3066\u3044\u308b\u3053\u3068\u304b\u3089\u8b70\u8ad6\u3057\u305f\u3044\u30022024\u5e74\u306b\u4e00\u756a\u660e\u3089\u304b\u3060\u3063\u305f\u30c8\u30ec\u30f3\u30c9\u306f\u3001\u9577\u77ed\u91d1\u5229\u5dee\u306e\u9006\u8ee2\u304c\u89e3\u6d88\u3055\u308c\u308b\u3053\u3068\u3060\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u77ed\u91d1\u5229\u5dee\u306f\u5229\u4e0a\u3052\u3067\u77ed\u671f\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u3044\u305f\u3053\u3068\u3067\u9577\u3089\u304f\u30de\u30a4\u30ca\u30b9\uff08\u3064\u307e\u308a\u9577\u671f\u91d1\u5229\u306e\u65b9\u304c\u4f4e\u3044\uff09\u3068\u306a\u3063\u3066\u3044\u305f\u304c\u3001\u5e74\u672b\u304b\u3089\u4eca\u5e74\u306b\u304b\u3051\u3066\u30d7\u30e9\u30b9\u306b\u623b\u3063\u305f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/01\/2025-1-28-us-10-year-treasury-bond-yield-minus-2-year-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"473\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/01\/2025-1-28-us-10-year-treasury-bond-yield-minus-2-year-chart.png\" alt=\"\" class=\"wp-image-59045\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/01\/2025-1-28-us-10-year-treasury-bond-yield-minus-2-year-chart.png 500w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/01\/2025-1-28-us-10-year-treasury-bond-yield-minus-2-year-chart-300x284.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/figure>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3001\u3053\u306e\u52d5\u304d\u3092\u9577\u671f\u56fd\u50b5\u306e\u5927\u91cf\u767a\u884c\u306b\u3088\u308b\u3082\u306e\u3060\u3068\u8003\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8aac\u660e\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>\u9577\u77ed\u91d1\u5229\u5dee\u306f1.5%\u3082\u5e83\u304c\u3063\u305f\u3002\u305d\u308c\u306f\u610f\u5473\u306e\u306a\u3044\u5927\u304d\u3055\u3067\u306f\u306a\u3044\u3002\u3060\u304c\u3053\u308c\u3067\u7d42\u308f\u3063\u305f\u3068\u306f\u601d\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u9577\u671f\u56fd\u50b5\u306f\u66f4\u306b\u767a\u884c\u3055\u308c\u3001\u5e02\u5834\u306f\u305d\u308c\u3092\u53d7\u3051\u6b62\u3081\u304d\u308c\u306a\u304f\u306a\u308a\u3001\u91d1\u5229\u306f\u4e0a\u304c\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5358\u306b\u9577\u671f\u91d1\u5229\u304c\u4e0a\u304c\u3063\u305f\u3060\u3051\u3067\u306a\u304f\u3001\u77ed\u671f\u91d1\u5229\u3068\u306e\u6bd4\u8f03\u3067\u9577\u671f\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u9577\u671f\u91d1\u5229\u304c\u4e0a\u6607\u3057\u3066\u3044\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u30a2\u30e1\u30ea\u30ab\u304c\u5229\u4e0a\u3052\u3067\u304d\u306a\u3044\u72b6\u6cc1\u3092\u793a\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u3053\u3067\u524d\u56de\u306e\u8a18\u4e8b\u3067\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u8a00\u3063\u3066\u3044\u305f\u5931\u696d\u7387\u306e\u8a71\u304c\u7e4b\u304c\u3063\u3066\u304f\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/58989\" data-type=\"post\" data-id=\"58989\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u5931\u696d\u7387\u3092\u6291\u3048\u308b\u305f\u3081\u306b\u30a4\u30f3\u30d5\u30ec\u518d\u52a0\u901f\u3092\u5bb9\u8a8d\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u4f4e\u3044\u653f\u7b56\u91d1\u5229\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u547c\u3073\u3001\u9577\u671f\u91d1\u5229\u306f\u66f4\u306b\u4e0a\u304c\u3063\u3066\u3086\u304f\u3002\u305d\u308c\u304c\u9577\u77ed\u91d1\u5229\u5dee\u306b\u8868\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p><strong>\u682a\u5f0f\u5e02\u5834\u3078\u306e\u5f71\u97ff<\/strong><\/p>\n\n\n\n<p>\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>\u91d1\u5229\u304c\u4ed6\u306e\u5e02\u5834\u306b\u3069\u3046\u5f71\u97ff\u3059\u308b\u304b\u3082\u8003\u3048\u3066\u307f\u308b\u3068\u826f\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u3082\u8a00\u3063\u3066\u3044\u305f\u3088\u3046\u306b\u3001\u56fd\u50b5\u306e\u91d1\u5229\u306f\u91d1\u878d\u5e02\u5834\u5168\u4f53\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3059\u3002\u4f8b\u3048\u3070\u56fd\u50b5\u306e\u91d1\u5229\u304c\u4e0a\u304c\u308c\u3070\u3001\u30ea\u30b9\u30af\u3092\u53d6\u3063\u3066\u682a\u5f0f\u3092\u8cb7\u308f\u305a\u3068\u3082\u56fd\u50b5\u3092\u8cb7\u3046\u3060\u3051\u3067\u5927\u304d\u306a\u91d1\u5229\u53ce\u5165\u3092\u5f97\u3089\u308c\u308b\u3088\u3046\u306b\u306a\u308a\u3001\u682a\u5f0f\u5e02\u5834\u304b\u3089\u56fd\u50b5\u5e02\u5834\u3078\u3068\u8cc7\u91d1\u304c\u6d41\u51fa\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u91d1\u5229\u4e0a\u6607\u304c\u7c73\u56fd\u682a\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u3092\u8b66\u544a\u3057\u3066\u3044\u308b\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3053\u3046\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>\u308f\u305f\u3057\u306e\u610f\u898b\u3067\u306f\u3001\u3053\u306e\u72b6\u6cc1\u306f\u91d1\u878d\u5e02\u5834\u306b\u306f\u3073\u3053\u308b\u300c\u7121\u6575\u611f\u300d\u3092\u3044\u304f\u3089\u304b\u5909\u3048\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3068\u8003\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30de\u30b0\u30cb\u30d5\u30a3\u30bb\u30f3\u30c8\u30bb\u30d6\u30f3\u306e\u682a\u9ad8\u3084\u3001\u6210\u9577\u682a\u3068\u30d0\u30ea\u30e5\u30fc\u682a\u306e\u6bd4\u8f03\u3001\u7c73\u56fd\u682a\u3068\u6d77\u5916\u682a\u306e\u6bd4\u8f03\u3001\u3053\u3046\u3057\u305f\u6307\u6a19\u306e\u307b\u3068\u3093\u3069\u304c\u30c9\u30c3\u30c8\u30b3\u30e0\u30d0\u30d6\u30eb\u3084\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u6642\u3068\u540c\u3058\u3088\u3046\u306a\u72b6\u6cc1\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u30a2\u30e1\u30ea\u30ab\u4ee5\u5916\u306e\u682a\u5f0f\u5e02\u5834\u304c\u5927\u3057\u3066\u4e0a\u304c\u3089\u305a\u3001\u7c73\u56fd\u682a\u3060\u3051\u304c\u4e0a\u6607\u3057\u3066\u3044\u308b\u3053\u3068\u3001\u7c73\u56fd\u682a\u306e\u4e2d\u3067\u3082\u4e00\u90e8\u306eIT\u9298\u67c4\u3060\u3051\u304c\u4e0a\u6607\u3057\u3001\u4ed6\u306e\u9298\u67c4\u306f\u305d\u308c\u307b\u3069\u4e0a\u304c\u3063\u3066\u3044\u306a\u3053\u3068\u3001\u30d0\u30ea\u30e5\u30fc\u682a\u3088\u308a\u3082\u9ad8\u6210\u9577\u682a\u304c\u8cb7\u308f\u308c\u3066\u3044\u308b\u3053\u3068\u306a\u3069\u3092\u898b\u3066\u3001\u30b3\u30ed\u30ca\u4ee5\u524d\u306e\u30d0\u30d6\u30eb\u306e\u72b6\u6cc1\u306b\u8fd1\u3044\u3068\u8a00\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u91d1\u5229\u304c\u66f4\u306b\u4e0a\u6607\u3057\u305f\u6642\u306b\u3001\u3053\u306e\u72b6\u6cc1\u304c\u3069\u3046\u306a\u308b\u304b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u7c73\u56fd\u682a\u306b\u95a2\u3057\u3066\u8a00\u3048\u308b\u3053\u3068\u306f\u3001\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306f\u660e\u3089\u304b\u306b\u9ad8\u3044\u3068\u3044\u3046\u3053\u3068\u3060\u3002\u682a\u4fa1\u53ce\u76ca\u7387\u3092\u8003\u3048\u308c\u3070\u3001\u7c73\u56fd\u682a\u306e\u76ca\u5229\u56de\u308a\u306f\u7c73\u56fd\u50b5\u306e\u5229\u56de\u308a\u3068\u307b\u307c\u4e26\u3093\u3067\u3044\u308b\u3002\u30c7\u30a4\u30f4\u30a3\u30c3\u30c9\u30fb\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f\u306f\u3001\u7c73\u56fd\u682a\u306f\u7121\u30ea\u30b9\u30af\u8cc7\u7523\u6271\u3044\u304b\u3068\u7a81\u3063\u8fbc\u3093\u3067\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/57536\" data-type=\"post\" data-id=\"57536\">\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f\u3001\u7c73\u56fd\u682a\u306e\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3092\u9177\u8a55<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u3082\u56fd\u50b5\u306e\u91d1\u5229\u3068\u6bd4\u3079\u3066\u306e\u7c73\u56fd\u682a\u306e\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3092\u8b66\u6212\u3057\u3066\u3044\u308b\u3002\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f\u3068\u307e\u3063\u305f\u304f\u540c\u3058\u8b70\u8ad6\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/58891\" data-type=\"post\" data-id=\"58891\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u91d1\u5229\u304c\u4e0a\u304c\u308c\u3070\u7c73\u56fd\u682a\u306e\u30d0\u30d6\u30eb\u306f\u5d29\u58ca\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u3001\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u5275\u696d\u3057\u305fDoubleLine Capital\u306b\u3088\u308b\u6bce\u5e74\u597d\u4f8b\u306e\u5186\u5353\u4f1a\u8b70\u3067\u3042\u308b\u3002 \u4eca\u56de\u306f\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u7c73\u56fd\u50b5\u3068\u682a\u5f0f\u5e02\u5834\u306e\u95a2\u4fc2\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":[59,118,111,108],"tags":[131],"class_list":["post-59021","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-bond-markets","tag-jeffrey-gundlach"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/59021","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=59021"}],"version-history":[{"count":48,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/59021\/revisions"}],"predecessor-version":[{"id":59070,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/59021\/revisions\/59070"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=59021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=59021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=59021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}