{"id":70439,"date":"2025-09-17T20:12:46","date_gmt":"2025-09-17T11:12:46","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=70439"},"modified":"2025-09-20T20:32:45","modified_gmt":"2025-09-20T11:32:45","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%e3%81%86%e3%81%a1%e8%b6%85%e9%95%b7%e6%9c%9f%e5%82%b5%e3%81%ae%e5%89%b2%e5%90%88%e3%81%af1-7","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/70439","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u7c73\u56fd\u50b5\u306e\u3046\u3061\u8d85\u9577\u671f\u50b5\u306e\u5272\u5408\u306f1.7%"},"content":{"rendered":"\n<p>DoubleLine Capital\u5275\u696d\u8005\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u3001\u81ea\u793e\u914d\u4fe1\u52d5\u753b\u3067\u7c73\u56fd\u50b5\u306e\u767a\u884c\u91cf\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u306e\u3067\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30a2\u30e1\u30ea\u30ab\u306e\u5229\u4e0b\u3052<\/strong><\/p>\n\n\n\n<p>\u7c73\u56fd\u6642\u95939\u670817\u65e5\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u4e2d\u592e\u9280\u884c\u3067\u3042\u308bFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306fFOMC\u4f1a\u5408\u3067\u5229\u4e0b\u3052\u3092\u884c\u304a\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u65e5\u672c\u6642\u9593\u3067\u4eca\u65e5\u306e\u65e5\u4ed8\u304c\u5909\u308f\u3063\u3066\u304b\u3089\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u5f8c\u306e\u5229\u4e0b\u3052\u52d5\u5411\u306b\u3064\u3044\u3066\u306f\u3001\u305d\u308c\u3092\u7e54\u308a\u8fbc\u3093\u3067\u63a8\u79fb\u3059\u308b2\u5e74\u7269\u56fd\u50b5\u306e\u91d1\u5229\u306b\u8868\u308c\u3066\u3044\u308b\u30022\u5e74\u7269\u56fd\u50b5\u306e\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\/2025\/09\/2025-9-17-us-2-year-treasury-bond-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"561\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/09\/2025-9-17-us-2-year-treasury-bond-yield-chart.png\" alt=\"\" class=\"wp-image-70447\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/09\/2025-9-17-us-2-year-treasury-bond-yield-chart.png 550w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/09\/2025-9-17-us-2-year-treasury-bond-yield-chart-294x300.png 294w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><\/figure>\n\n\n\n<p>\u5229\u4e0b\u3052\u3092\u7e54\u308a\u8fbc\u3093\u3067\u4e0b\u304c\u3063\u3066\u3044\u308b\u306e\u304c\u5206\u304b\u308b\u3002\u653f\u7b56\u91d1\u5229\u306f4.25%\uff08\u4e0a\u9650\u306f4.5%\uff09\u3067\u30012\u5e74\u7269\u56fd\u50b5\u306e\u91d1\u5229\u304c3.5%\u3060\u304b\u3089\u3001\u91d1\u5229\u5148\u7269\u5e02\u5834\u306f\u653f\u7b56\u91d1\u5229\u304c\u305d\u308c\u3060\u3051\u3053\u308c\u304b\u3089\u4e0b\u304c\u308b\u3053\u3068\u3092\u4e88\u60f3\u3057\u3066\u3044\u308b\u306e\u3067\u3042\u308b\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>2\u5e74\u7269\u56fd\u50b5\u306e\u91d1\u5229\u306f\u653f\u7b56\u91d1\u5229\u3088\u308a\u307b\u3068\u3093\u30691%\u4f4e\u304f\u306a\u3063\u3066\u3044\u308b\u304b\u3089\u3001Fed\u306e\u9023\u7d9a\u5229\u4e0b\u3052\u304c\u5642\u3055\u308c\u3066\u3044\u308b\u306e\u3082\u5f53\u7136\u3060\u308d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u8d85\u9577\u671f\u91d1\u5229\u306e\u4e0a\u6607<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u3053\u306e\u3088\u3046\u306b\u5229\u4e0b\u3052\u306b\u5bfe\u5fdc\u3057\u3066\u77ed\u671f\u91d1\u5229\u304c\u4e0b\u304c\u3063\u3066\u3044\u308b\u4e00\u65b9\u3067\u3001\u8d85\u9577\u671f\u91d1\u5229\u306f\u5c11\u306a\u304f\u3068\u3082\u305d\u308c\u307b\u3069\u306f\u4e0b\u304c\u3063\u3066\u3044\u306a\u3044\u306e\u3067\u3042\u308b\u3002\u4ee5\u4e0b\u306f30\u5e74\u7269\u56fd\u50b5\u306e\u91d1\u5229\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\/09\/2025-9-17-us-30-year-treasury-bond-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"561\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/09\/2025-9-17-us-30-year-treasury-bond-yield-chart.png\" alt=\"\" class=\"wp-image-70450\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/09\/2025-9-17-us-30-year-treasury-bond-yield-chart.png 550w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/09\/2025-9-17-us-30-year-treasury-bond-yield-chart-294x300.png 294w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><\/figure>\n\n\n\n<p>\u76f4\u8fd1\u3067\u306f\u5229\u4e0b\u3052\u306b\u53cd\u5fdc\u3057\u3066\u4e0b\u304c\u3063\u3066\u3044\u308b\u306e\u3060\u304c\u3001\u5168\u4f53\u7684\u306b\u306f\u77ed\u671f\u91d1\u5229\u307b\u3069\u4e0b\u304c\u3063\u3066\u3044\u306a\u3044\u304b\u3001\u3080\u3057\u308d\u9577\u671f\u7684\u306b\u306f\u4e0a\u304c\u3063\u3066\u3044\u308b\u306e\u304c\u5206\u304b\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u306f\u3001\u77ed\u671f\u91d1\u5229\u304c\u653f\u7b56\u91d1\u5229\u306b\u5f71\u97ff\u3055\u308c\u3084\u3059\u3044\u4e00\u65b9\u3067\u3001\u9577\u671f\u306b\u306a\u308b\u307b\u3069\u4eca\u5f8c\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u3084\u7c73\u56fd\u50b5\u305d\u306e\u3082\u306e\u306e\u9700\u8981\u3068\u4f9b\u7d66\u306b\u5f71\u97ff\u3055\u308c\u3084\u3059\u3044\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u3067\u306f\u3001\u30b3\u30ed\u30ca\u5f8c\u306e\u91d1\u5229\u4e0a\u6607\u3067\u7c73\u56fd\u50b5\u306e\u5229\u6255\u3044\u8cbb\u7528\u304c\u8ca1\u653f\u8d64\u5b57\u306e\u534a\u5206\u306b\u3082\u9054\u3057\u3066\u304a\u308a\u3001\u7c73\u56fd\u50b5\u306e\u5229\u6255\u3044\u306e\u305f\u3081\u306e\u7c73\u56fd\u50b5\u767a\u884c\u306b\u3088\u3063\u3066\u3053\u308c\u304b\u3089\u7c73\u56fd\u50b5\u306e\u7dcf\u91cf\u304c\u6307\u6570\u95a2\u6570\u7684\u306b\u5897\u52a0\u3057\u3001\u8cb7\u3044\u624b\u304c\u8db3\u308a\u306a\u304f\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u304c\u61f8\u5ff5\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/68656\" data-type=\"post\" data-id=\"68656\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u7c73\u56fd\u50b5\u306e\u8cb7\u3044\u624b\u4e0d\u8db3\u554f\u984c\u3092\u7121\u8996\u3059\u308b\u91d1\u878d\u5e02\u5834\u306f\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u524d\u306e\u71b1\u72c2\u3068\u540c\u3058<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u8d85\u9577\u671f\u50b5\u306e\u767a\u884c\u91cf<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u3001\u7c73\u56fd\u50b5\u306e\u3046\u3061\u3069\u308c\u3060\u3051\u304c\u77ed\u671f\u50b5\u3067\u3069\u308c\u3060\u3051\u304c\u8d85\u9577\u671f\u50b5\u306a\u306e\u3060\u308d\u3046\u304b\uff1f\u3000\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>1\u5e74\u4ee5\u4e0b\u306e\u56fd\u50b5\u304c\u7c73\u56fd\u50b5\u5168\u4f53\u306b\u5360\u3081\u308b\u5272\u5408\u306f\u3001\u73fe\u572884%\u3068\u975e\u5e38\u306b\u9ad8\u304f\u306a\u3063\u3066\u3044\u308b\u3002\u3053\u306e\u6c34\u6e96\u306f\u3001\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u524d\u306e\u6c34\u6e96\u3068\u540c\u3058\u3067\u3001\u3053\u306e\u6570\u5b57\u306f\u5f53\u6642\u305d\u3053\u304b\u308968%\u307e\u3067\u4e0b\u304c\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u671f\u9593\u304c1\u5e74\u4ee5\u4e0b\u306e\u56fd\u50b5\u306e\u5272\u5408\u306f\u3044\u3064\u3082\u304b\u306a\u308a\u9ad8\u3044\u306e\u3060\u3002\u9577\u671f\u56fd\u50b5\u306e\u91d1\u5229\u304c1.5%\u3060\u3063\u305f\u6642\u306b\u77ed\u671f\u3067\u306f\u306a\u304f\u9577\u671f\u306e\u56fd\u50b5\u3092\u767a\u884c\u3057\u3066\u304a\u304f\u3079\u304d\u3060\u3063\u305f\u306e\u3060\u3068\u3044\u3046\u306e\u306f\u3088\u304f\u8a00\u308f\u308c\u3066\u3044\u3066\u3001\u308f\u305f\u3057\u3082\u540c\u610f\u3059\u308b\u304c\u3001\u7d50\u5c40\u30a2\u30e1\u30ea\u30ab\u306f\u77ed\u671f\u50b5\u3070\u304b\u308a\u3092\u767a\u884c\u3057\u3066\u3057\u307e\u3063\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3053\u308c\u306f\u591a\u304f\u306e\u8aad\u8005\u306b\u3068\u3063\u3066\u5c11\u3057\u9a5a\u304d\u306a\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u7c73\u56fd\u50b5\u306e\u307b\u3068\u3093\u3069\u306f1\u5e74\u4ee5\u4e0b\u306e\u77ed\u671f\u50b5\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u306620\u5e74\u4ee5\u4e0a\u306e\u8d85\u9577\u671f\u50b5\u306b\u3064\u3044\u3066\u306f\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\u305f\u3001\u591a\u304f\u306e\u4eba\u3005\u304c\u77e5\u3089\u306a\u3044\u306e\u306f\u3001\u8d85\u9577\u671f\u50b5\u304c\u7c73\u56fd\u50b5\u5168\u4f53\u306b\u5360\u3081\u308b\u5272\u5408\u304c\u3069\u308c\u3060\u3051\u4f4e\u3044\u304b\u3068\u3044\u3046\u3053\u3068\u3060\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u5272\u5408\u306f\u6975\u5c0f\u3067\u3001\u305f\u3063\u305f\u306e1.7%\u3060\u3002<\/p>\n\n\n\n<p>\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u306f\u8d85\u9577\u671f\u50b5\u3092\u8cb7\u3044\u623b\u3057\u3066\u77ed\u671f\u50b5\u3092\u66f4\u306b\u5897\u3084\u3059\u3053\u3068\u3092\u516c\u8a00\u3057\u3066\u3044\u308b\u304c\u3001\u8d85\u9577\u671f\u50b5\u304c\u5143\u30052%\u4ee5\u4e0b\u3060\u3068\u3044\u3046\u3053\u3068\u3092\u8003\u3048\u308c\u3070\u3001\u305d\u308c\u306f\u5927\u3057\u305f\u8a71\u3067\u306f\u306a\u3044\u306e\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u4eca\u56de\u306e\u8a18\u4e8b\u3067\u306f\u3001\u6050\u3089\u304f\u591a\u304f\u306e\u8aad\u8005\u304c\u3042\u307e\u308a\u77e5\u3089\u306a\u3044\u3067\u3042\u308d\u3046\u6570\u5b57\u3092\u7d39\u4ecb\u3057\u305f\u3002\u3060\u304c\u3053\u3053\u304b\u3089\u8003\u3048\u308b\u3079\u304d\u3053\u3068\u304c\u3044\u304f\u3064\u304b\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u307e\u305a\u3001\u4e0a\u306b\u66f8\u3044\u305f\u3088\u3046\u306b\u7c73\u56fd\u50b5\u306e\u8cb7\u3044\u624b\u4e0d\u8db3\u306e\u554f\u984c\u304c\u8d85\u9577\u671f\u50b5\u306e\u91d1\u5229\u3092\u62bc\u3057\u4e0a\u3052\u3066\u3044\u308b\u3053\u3068\u304c\u5e02\u5834\u3067\u61f8\u5ff5\u6750\u6599\u306b\u306a\u3063\u3066\u306f\u3044\u308b\u304c\u3001\u7dcf\u91cf\u304c\u6975\u3081\u3066\u5c11\u306a\u3044\u305f\u3081\u8d85\u9577\u671f\u50b5\u306e\u4fa1\u683c\u4e0b\u843d\u306f\u30a2\u30e1\u30ea\u30ab\u5168\u4f53\u306b\u3068\u3063\u3066\u306f\u305d\u308c\u307b\u3069\u306f\u554f\u984c\u306b\u306a\u3089\u306a\u3044\u3060\u308d\u3046\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u8d85\u9577\u671f\u50b5\u306e\u4e0b\u843d\u306f\u3001\u305d\u308c\u81ea\u4f53\u304c\u554f\u984c\u3068\u3044\u3046\u3088\u308a\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u52d9\u30ea\u30b9\u30af\u3092\u8c61\u5fb4\u3059\u308b\u30d0\u30ed\u30e1\u30fc\u30bf\u30fc\u306e\u3088\u3046\u306a\u3082\u306e\u3060\u3068\u3044\u3046\u3079\u304d\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u3082\u30461\u3064\u306f\u3001\u4eee\u306b\u7c73\u56fd\u653f\u5e9c\u304c\u8d85\u9577\u671f\u50b5\u3092\u767a\u884c\u3057\u3066\u50b5\u52d9\u554f\u984c\u3092\u5148\u9001\u308a\u306b\u3057\u3088\u3046\u3068\u3057\u3066\u3082\u3001\u8d85\u9577\u671f\u50b5\u306f\u305f\u3063\u305f1.7%\u306e\u767a\u884c\u91cf\u3067\u65e2\u306b\u8cb7\u3044\u624b\u4e0d\u8db3\u304c\u554f\u984c\u306b\u306a\u3063\u3066\u3044\u308b\u306e\u3060\u304b\u3089\u3001\u30a2\u30e1\u30ea\u30ab\u306b\u3068\u3063\u3066\u8d85\u9577\u671f\u3067\u501f\u91d1\u3057\u3066\u8ca1\u653f\u554f\u984c\u3092\u5f8c\u56de\u3057\u306b\u3059\u308b\u3053\u3068\u306f\u307b\u3068\u3093\u3069\u3067\u304d\u306a\u3044\u3060\u308d\u3046\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u554f\u984c\u306f\u307b\u3068\u3093\u3069\u671f\u9593\u304c10\u5e74\u4ee5\u4e0b\u306e\u7c73\u56fd\u50b5\u306e\u554f\u984c\u3060\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002\u3057\u304b\u3082\u305d\u306e\u307b\u3068\u3093\u3069\u306f1\u5e74\u4ee5\u4e0b\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u305f\u304c\u3063\u3066\u3001\u30a2\u30e1\u30ea\u30ab\u306b\u3068\u3063\u3066\u672c\u5f53\u306b\u307e\u305a\u3044\u306e\u306f\u30011\u5e74\u4ee5\u4e0b\u306e\u7c73\u56fd\u50b5\u3067\u4f55\u304b\u554f\u984c\u304c\u751f\u3058\u308b\u3053\u3068\u3060\u308d\u3046\u3002\u77ed\u671f\u56fd\u50b5\u306e\u91d1\u5229\u3092\u7dad\u6301\u3059\u308b\u3053\u3068\u3082\u3001\u4f55\u306e\u30b3\u30b9\u30c8\u306a\u3057\u306b\u51fa\u6765\u308b\u3053\u3068\u3067\u306f\u306a\u3044\u3002\u30a2\u30e1\u30ea\u30ab\u304c\u4f55\u304b\u306e\u62cd\u5b50\u306b\u77ed\u671f\u91d1\u5229\u3092\u4f4e\u304f\u7559\u3081\u3066\u304a\u3051\u306a\u304f\u306a\u3063\u305f\u3089\u3001\u30a2\u30e1\u30ea\u30ab\u306f1\u5e74\u4ee5\u5185\u306b\u5371\u6a5f\u306b\u9665\u308b\u53ef\u80fd\u6027\u3082\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u5148\u9032\u56fd\u306f\u3069\u3046\u306a\u308b\u306e\u304b\u3002\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u65e5\u672c\u3084\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u5371\u6a5f\u3092\u4e88\u60f3\u3057\u305f\u65b0\u8457\u300e<a href=\"https:\/\/amzn.to\/4kWfty4\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">How Countries Go Broke<\/a>\u300f\uff08\u4eee\u8a33\uff1a\u306a\u305c\u56fd\u5bb6\u306f\u7834\u7dbb\u3059\u308b\u306e\u304b\uff09\u3092\u3082\u3046\u4e00\u5ea6\u8aad\u307f\u8fd4\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u65e5\u672c\u8a9e\u7248\u306f\u306a\u3044\u304c\u3001\u65e5\u672c\u306b\u3064\u3044\u3066\u6271\u3063\u3066\u3044\u308b\u7ae0\u3082\u3042\u308b\u306e\u3067\u3001\u8208\u5473\u306e\u3042\u308b\u4eba\u306f\u8aad\u3093\u3067\u307f\u3066\u3082\u3089\u3044\u305f\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/66448\" data-type=\"post\" data-id=\"66448\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u65b0\u8457\u3001\u65e5\u672c\u7d4c\u6e08\u3092\u653f\u5e9c\u50b5\u52d9\u306e\u5bfe\u51e6\u306b\u5931\u6557\u3057\u305f\u5834\u5408\u306e\u4e8b\u4f8b\u3068\u3057\u3066\u63b2\u8f09<\/a><\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/amzn.to\/4kWfty4\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/61uYp1qd3WL._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/4kWfty4\" target=\"_blank\" rel=\"noreferrer noopener\">How Countries Go Broke<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DoubleLine Capital\u5275\u696d\u8005\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u3001\u81ea\u793e\u914d\u4fe1\u52d5\u753b\u3067\u7c73\u56fd\u50b5\u306e\u767a\u884c\u91cf\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u306e\u3067\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-70439","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\/70439","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=70439"}],"version-history":[{"count":30,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/70439\/revisions"}],"predecessor-version":[{"id":70471,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/70439\/revisions\/70471"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=70439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=70439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=70439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}