{"id":59207,"date":"2025-02-01T20:00:00","date_gmt":"2025-02-01T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=59207"},"modified":"2025-02-01T02:08:47","modified_gmt":"2025-01-31T17:08:47","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%e3%81%ae%e9%95%b7%e6%9c%9f%e9%87%91%e5%88%a9%e3%81%af%e3%81%be%e3%81%a0%e4%b8%8a%e3%81%8c%e3%82%8b%e3%80%81%e3%83%88","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/59207","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u7c73\u56fd\u306e\u9577\u671f\u91d1\u5229\u306f\u307e\u3060\u4e0a\u304c\u308b\u3001\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u3067\u8ca1\u653f\u8d64\u5b57\u306f\u6539\u5584\u3055\u308c\u306a\u3044"},"content":{"rendered":"\n<p>DoubleLine Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u4eca\u5e74\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u5229\u52d5\u5411\u3068\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u7d4c\u6e08\u653f\u7b56\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u4eca\u5e74\u306e\u7c73\u56fd\u5229\u4e0b\u3052<\/strong><\/p>\n\n\n\n<p>1\u670829\u65e5\u3001Fed\u306fFOMC\u4f1a\u5408\u3067\u653f\u7b56\u91d1\u5229\u306e\u636e\u3048\u7f6e\u304d\u3092\u6c7a\u5b9a\u3057\u305f\u3002\u53bb\u5e74\u306e9\u6708\u306b\u5229\u4e0b\u3052\u3092\u958b\u59cb\u3057\u3066\u4ee5\u6765\u3001\u521d\u306e\u5229\u4e0b\u3052\u505c\u6b62\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u3069\u3046\u30822%\u3078\u306f\u4e0b\u304c\u3063\u3066\u6765\u306a\u3044\u3088\u3046\u306a\u306e\u3067\u3001\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u69d8\u5b50\u898b\u305b\u3056\u308b\u3092\u5f97\u306a\u304f\u306a\u3063\u305f\u306e\u3067\u3042\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\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\/2025\/01\/2024-dec-us-cpi-growth-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"540\" height=\"473\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/01\/2024-dec-us-cpi-growth-chart.png\" alt=\"\" class=\"wp-image-58998\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/01\/2024-dec-us-cpi-growth-chart.png 540w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/01\/2024-dec-us-cpi-growth-chart-300x263.png 300w\" sizes=\"auto, (max-width: 540px) 100vw, 540px\" \/><\/a><\/figure>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u7387\u306b\u95a2\u3059\u308b\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u4e88\u60f3\u306b\u3064\u3044\u3066\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u5831\u3058\u3066\u304a\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>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u304c\u518d\u71c3\u3059\u308b\u53ef\u80fd\u6027\u3092\u61f8\u5ff5\u3057\u3066\u3044\u308b\u3002\u3060\u304b\u30892025\u5e74\u306e\u5229\u4e0b\u3052\u306b\u3064\u3044\u3066\u3001\u6b21\u306e\u3088\u3046\u306b\u4e88\u60f3\u3059\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u6700\u5927\u3067\u30822\u56de\u3060\u3002<\/p>\n\n\n\n<p>\u30e1\u30a4\u30f3\u30b7\u30ca\u30ea\u30aa\u306f1\u56de\u3060\u308d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u4e0a\u6607\u3059\u308b\u9577\u671f\u91d1\u5229<\/strong><\/p>\n\n\n\n<p>\u5229\u4e0b\u3052\u306e\u4f59\u5730\u304c\u9650\u3089\u308c\u3066\u3044\u308b\u3053\u3068\u306f\u3001\u682a\u5f0f\u5e02\u5834\u306b\u3068\u3063\u3066\u306f\u30de\u30a4\u30ca\u30b9\u3067\u3042\u308b\u3002\u3060\u304c\u682a\u4fa1\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3059\u306e\u306f\u653f\u7b56\u91d1\u5229\u3088\u308a\u308210\u5e74\u7269\u56fd\u50b5\u306e\u91d1\u5229\u3001\u3064\u307e\u308a\u9577\u671f\u91d1\u5229\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u3053\u306e\u9577\u671f\u91d1\u5229\u3053\u305d\u304c\u554f\u984c\u306a\u306e\u3067\u3042\u308b\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8ad6\u3058\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\u306f\u91d1\u5229\u30921%\u4e0b\u3052\u305f\u3068\u8a00\u3063\u305f\u3002\u8208\u5473\u6df1\u3044\u3053\u3068\u306b\u3001\u653f\u7b56\u91d1\u5229\u306b\u3064\u3044\u3066\u8a00\u3048\u3070\u305d\u308c\u306f\u6b63\u3057\u3044\u306e\u3060\u304c\u3001\u9577\u671f\u91d1\u5229\u306f\u5229\u4e0b\u3052\u958b\u59cb\u304b\u30890.8%\u4e0a\u6607\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u8ca1\u653f\u8d64\u5b57\u306e\u554f\u984c\u304c\u9577\u671f\u91d1\u5229\u306e\u4e0a\u6607\u306e\u4e3b\u56e0\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u9577\u671f\u91d1\u5229\u306f\u5229\u4e0b\u3052\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u4e0a\u6607\u3057\u3066\u304a\u308a\u3001\u904e\u53bb\u306e\u5229\u4e0b\u3052\u3067\u306f\u3053\u306e\u3088\u3046\u306a\u3053\u3068\u306f\u306a\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u666e\u901a\u306a\u3089Fed\u304c\u5229\u4e0b\u3052\u3092\u958b\u59cb\u3059\u308c\u3070\u56fd\u50b5\u306e\u91d1\u5229\u306f\u4e0b\u304c\u308b\u306f\u305a\u3060\u304c\u3001\u4eca\u56de\u306f\u305d\u3046\u306a\u3089\u306a\u3044\u3069\u3053\u308d\u304b\u91d1\u5229\u306f\u4e0a\u304c\u3063\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306f\u6b21\u306e\u3088\u3046\u306b\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002\u5229\u4e0b\u3052\u958b\u59cb\u306f9\u6708\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\/2025\/02\/2025-2-1-us-10-year-treasury-bond-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"669\" height=\"518\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2025-2-1-us-10-year-treasury-bond-yield-chart.png\" alt=\"\" class=\"wp-image-59229\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2025-2-1-us-10-year-treasury-bond-yield-chart.png 669w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2025-2-1-us-10-year-treasury-bond-yield-chart-300x232.png 300w\" sizes=\"auto, (max-width: 669px) 100vw, 669px\" \/><\/a><\/figure>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306b\u3088\u308c\u3070\u3001\u5229\u4e0b\u3052\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u56fd\u50b5\u306e\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u306e\u306f\u3001\u8ca1\u653f\u8d64\u5b57\u306b\u3088\u308b\u7c73\u56fd\u50b5\u306e\u5927\u91cf\u767a\u884c\u3067\u3001\u56fd\u50b5\u306e\u8cb7\u3044\u624b\u304c\u4e0d\u8db3\u3057\u3066\u3044\u308b\u305b\u3044\u3060\u3068\u3044\u3046\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<\/ul>\n\n\n\n<p>\u305d\u3057\u3066\u3053\u308c\u307e\u3067\u306f\u91d1\u5229\u4e0a\u6607\u306b\u8010\u3048\u3066\u3044\u308b\u682a\u5f0f\u5e02\u5834\u3060\u304c\u30012025\u5e74\u306b\u91d1\u5229\u304c\u4e0a\u304c\u308a\u7d9a\u3051\u308b\u3068\u3001\u6d41\u77f3\u306b\u682a\u4fa1\u306b\u5f71\u97ff\u304c\u51fa\u308b\u3068\u4e88\u60f3\u3059\u308b\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306f\u591a\u3044\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>\u3060\u304c\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u9577\u671f\u91d1\u5229\u306b\u5bfe\u3057\u3066\u7121\u6148\u60b2\u306a\u4e88\u60f3\u3092\u7acb\u3066\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\u671f\u306e\u91d1\u5229\u306f\u307e\u3060\u5929\u4e95\u306b\u306f\u9054\u3057\u3066\u3044\u306a\u3044\u3068\u601d\u3046\u3002\u307e\u3060\u4e0a\u6607\u3059\u308b\u4f59\u5730\u304c\u3042\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u91d1\u5229\u4e0a\u6607\u306e\u7406\u7531<\/strong><\/p>\n\n\n\n<p>\u4f55\u6545\u304b\u3002\u30b3\u30ed\u30ca\u4ee5\u5f8c\u3001\u91d1\u5229\u4e0a\u6607\u306e\u7406\u7531\u306f\u30a4\u30f3\u30d5\u30ec\u3068\u56fd\u50b5\u306e\u5927\u91cf\u767a\u884c\u306b\u3088\u308b\u56fd\u50b5\u306e\u4fa1\u683c\u4e0b\u843d\u3067\u3042\u308a\u3001\u305d\u306e\u4e21\u65b9\u304c\u8981\u3059\u308b\u306b\u8ca1\u653f\u8d64\u5b57\u306b\u8d77\u56e0\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\/59071\" data-type=\"post\" data-id=\"59071\">\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f: 6%\u306e\u8ca1\u653f\u8d64\u5b57\u304c\u306a\u3051\u308c\u3070\u7c73\u56fd\u306e\u7d4c\u6e08\u6210\u9577\u306f\u534a\u5206\u4ee5\u4e0b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30d0\u30a4\u30c7\u30f3\u653f\u6a29\u304c\u30b3\u30ed\u30ca\u798d\u304c\u7d42\u308f\u3063\u305f\u5f8c\u3082\u5de8\u984d\u306e\u8ca1\u653f\u8d64\u5b57\u3092\u7d9a\u3051\u3066\u304d\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304c\u8ca1\u653f\u8d64\u5b57\u3092\u3069\u3046\u3059\u308b\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u304c\u6ce8\u76ee\u3055\u308c\u3066\u3044\u308b\u3002\u3060\u304c\u30a4\u30f3\u30d5\u30ec\u3068\u56fd\u50b5\u306e\u5927\u91cf\u767a\u884c\u306e\u4e21\u65b9\u306b\u3064\u3044\u3066\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u60b2\u89b3\u7684\u306a\u898b\u65b9\u3092\u793a\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>\u30a4\u30f3\u30d5\u30ec\u306f\u305d\u3046\u7c21\u5358\u306b\u306f2%\u306b\u306f\u623b\u3089\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u3067\u8ca1\u653f\u8d64\u5b57\u306e\u554f\u984c\u304c\u6539\u5584\u3059\u308b\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u3068\u8ca1\u653f\u8d64\u5b57<\/strong><\/p>\n\n\n\n<p>\u8ca1\u52d9\u9577\u5b98\u306b\u6307\u540d\u3055\u308c\u305f\u3001\u5143Soros Fund Management\u306e\u30b9\u30b3\u30c3\u30c8\u30fb\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306f\u8ca1\u653f\u8d64\u5b57\u3092\u534a\u6e1b\u3055\u305b\u308b\u76ee\u6a19\u3092\u6253\u3061\u7acb\u3066\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/56773\" data-type=\"post\" data-id=\"56773\">\u30c8\u30e9\u30f3\u30d7\u6c0f\u6307\u540d\u306e\u65b0\u8ca1\u52d9\u9577\u5b98\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u3001\u30a2\u30d9\u30ce\u30df\u30af\u30b9\u3092\u3082\u3058\u3063\u305f3\u3064\u306e\u77e2\u306e\u7d4c\u6e08\u653f\u7b56\u3092\u63d0\u8a00<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/56835\" data-type=\"post\" data-id=\"56835\">\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f: \u7c73\u56fd\u306e\u50b5\u52d9\u554f\u984c\u306b\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u8987\u6a29\u304c\u304b\u304b\u3063\u3066\u3044\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u305d\u306e\u76ee\u6a19\u304c\u9054\u6210\u3055\u308c\u308b\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3002\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>\u653f\u5e9c\u52b9\u7387\u5316\u7701\u3068\u3084\u3089\u304c5,000\u4e07\u30c9\u30eb\u3084600\u4e07\u30c9\u30eb\u306e\u7121\u99c4\u524a\u6e1b\u3092\u3044\u304f\u3064\u304b\u898b\u3064\u3051\u3066\u3082\u3001\u6e1b\u7a0e\u3084\u3001\u6226\u4e89\u3084\u707d\u5bb3\u3078\u306e\u652f\u51fa\u3092\u8003\u3048\u308c\u3070\u3001\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u3067\u8ca1\u653f\u8d64\u5b57\u306f\u6e1b\u3089\u306a\u3044\u3060\u308d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a4\u30fc\u30ed\u30f3\u30fb\u30de\u30b9\u30af\u6c0f\u304c\u30c8\u30c3\u30d7\u306b\u5c31\u4efb\u3057\u305f\u653f\u5e9c\u52b9\u7387\u5316\u7701\uff08DOGE\uff09\u306f\u3001\u65e2\u306b\u69d8\u3005\u306a\u653f\u5e9c\u652f\u51fa\u3092\u30b9\u30c8\u30c3\u30d7\u3057\u3066\u3044\u308b\u304c\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u652f\u51fa\u3092\u6e1b\u3089\u3057\u305f\u5206\u3092\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u6e1b\u7a0e\u306a\u3069\u3067\u4f7f\u3044\u5207\u3063\u3066\u3057\u307e\u3046\u3068\u8003\u3048\u3066\u3044\u308b\u3088\u3046\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u306f\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306b\u3068\u3063\u3066\u306f\u77ed\u671f\u7684\u306b\u30d7\u30e9\u30b9\u306a\u306e\u3060\u304c\u3001\u4eca\u5e74\u306f\u7c73\u56fd\u50b5\u5927\u91cf\u767a\u884c\u306e\u554f\u984c\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u304c\u524d\u56de\u306e\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u6642\u3068\u306f\u9055\u3046\u70b9\u3067\u3042\u308b\u3002\u7c73\u56fd\u50b5\u306e\u5927\u91cf\u767a\u884c\u304c\u7d9a\u3051\u3070\u9577\u671f\u91d1\u5229\u304c\u4e0a\u6607\u3057\u3001\u682a\u4fa1\u3084\u5b9f\u4f53\u7d4c\u6e08\u306b\u4e80\u88c2\u304c\u5165\u308a\u59cb\u3081\u308b\u3068\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\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>\u305d\u3057\u3066\u5229\u4e0b\u3052\u3092\u4e00\u6642\u505c\u6b62\u3057\u3066\u3044\u308bFed\u306b\u554f\u984c\u304c\u751f\u3058\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u7d50\u5c40\u3001\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306f\u8ca1\u653f\u8d64\u5b57\u3092\u5897\u3084\u3057\u7d9a\u3051\u308b\u3053\u3068\u306b\u306a\u308b\u306e\u304b\u3002\u305d\u308c\u306f\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\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\u7814\u7a76\u3057\u305f\u3001\u30a4\u30f3\u30d5\u30ec\u3068\u56fd\u50b5\u4e0b\u843d\u3067\u8987\u6a29\u56fd\u5bb6\u304c\u8870\u9000\u3057\u3066\u3086\u304f\u9577\u671f\u30b7\u30ca\u30ea\u30aa\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 Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u4eca\u5e74\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u5229\u52d5\u5411\u3068\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u7d4c\u6e08\u653f\u7b56\u306b\u3064\u3044\u3066\u8a9e\u3063\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":[118,108],"tags":[131],"class_list":["post-59207","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\/59207","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=59207"}],"version-history":[{"count":58,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/59207\/revisions"}],"predecessor-version":[{"id":59267,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/59207\/revisions\/59267"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=59207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=59207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=59207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}