{"id":7525,"date":"2018-03-02T19:52:45","date_gmt":"2018-03-02T10:52:45","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=7525"},"modified":"2018-03-02T12:09:46","modified_gmt":"2018-03-02T03:09:46","slug":"%e4%b8%96%e7%95%8c%e5%90%8c%e6%99%82%e6%a0%aa%e5%ae%89%e3%81%a7%e9%95%b7%e6%9c%9f%e9%87%91%e5%88%a9%e4%bd%8e%e4%b8%8b%e3%80%81%e4%bb%8a%e5%be%8c%e3%81%ae%e5%b8%82%e5%a0%b4%e5%8b%95%e5%90%91%e3%81%af","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7525","title":{"rendered":"\u4e16\u754c\u540c\u6642\u682a\u5b89\u3067\u9577\u671f\u91d1\u5229\u4f4e\u4e0b\u3001\u4eca\u5f8c\u306e\u5e02\u5834\u52d5\u5411\u306f\uff1f"},"content":{"rendered":"<p>\u30a2\u30e1\u30ea\u30ab\u767a\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u304c\u7d99\u7d9a\u3057\u3066\u3044\u308b\u3002\u8868\u5411\u304d\u306e\u7406\u7531\u306fFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u767a\u8a00\u306a\u3069\u3060\u304c\u3001\u305d\u3046\u3057\u305f\u76f4\u63a5\u7684\u306a\u6750\u6599\u304c\u306a\u304b\u3063\u305f\u3068\u3057\u3066\u3082\u540c\u3058\u3088\u3046\u306a\u52d5\u304d\u306b\u306a\u3063\u305f\u3053\u3068\u3060\u308d\u3046\u3002<\/p>\n<p><!--more--><strong>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u30bf\u30ab\u6d3e\u767a\u8a00<\/strong><\/p>\n<p>2\u6708\u521d\u65ec\u304b\u3089\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u306f\u4e00\u65e6\u56de\u5fa9\u57fa\u8abf\u306b\u4e57\u3063\u305f\u3082\u306e\u306e\u3001\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u8b70\u4f1a\u8a3c\u8a00\u306b\u304a\u3051\u308b\u767a\u8a00\u306a\u3069\u304c\u4f1d\u3048\u3089\u308c\u308b\u3068\u518d\u3073\u4e0b\u843d\u306b\u8ee2\u3058\u305f\u3002\u7c73\u56fd\u682a\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7526\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-s-and-p-500-chart.png\" alt=\"\" width=\"598\" height=\"365\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-s-and-p-500-chart.png 598w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-s-and-p-500-chart-300x183.png 300w\" sizes=\"auto, (max-width: 598px) 100vw, 598px\" \/><\/a><\/p>\n<p>2\u6708\u306e\u521d\u3081\u306b\u682a\u5b89\u3068\u306a\u3063\u305f\u6642\u70b9\u3067\u3001\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u767a\u8a00\u304c\u91cd\u8981\u306b\u306a\u308b\u3053\u3068\u306b\u3064\u3044\u3066\u306f\u4e8b\u524d\u306b\u8a00\u53ca\u3057\u3066\u304a\u3044\u305f\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/7319\">2018\u5e742\u6708\u30a2\u30e1\u30ea\u30ab\u767a\u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u610f\u5916\u306a\u7406\u7531 (2018\/2\/6)<\/a><\/li>\n<\/ul>\n<blockquote><p>\u3053\u3046\u8003\u3048\u308c\u3070\u3001\u4eca\u5f8c\u306e\u682a\u5f0f\u5e02\u5834\u306e\u52d5\u304d\u304c\u3042\u308b\u7a0b\u5ea6\u898b\u3048\u3066\u304f\u308b\u3068\u3044\u3046\u3082\u306e\u3060\u308d\u3046\u3002\u3064\u307e\u308a\u3001\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u304c\u3069\u3046\u3044\u3046\u30b3\u30e1\u30f3\u30c8\u3092\u51fa\u3059\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u306b\u3001\u4eca\u5f8c\u306e\u682a\u4fa1\u306e\u52d5\u5411\u304c\u304b\u304b\u3063\u3066\u304f\u308b\u3002<\/p>\n<p>\u7b46\u8005\u306e\u4e88\u60f3\u306f\u3001\u7d20\u65e9\u3044\u5bfe\u5fdc\u306f\u4e0d\u53ef\u80fd\u3068\u3044\u3046\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u7c73\u56fd\u682a\u304c\u66f4\u306b\u4e0b\u843d\u3092\u3057\u306a\u3044\u9650\u308a\u3001\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u3053\u308c\u307e\u3067\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u8def\u7dda\u3092\u7d99\u7d9a\u3059\u308b\u3068\u8a00\u308f\u3056\u308b\u3092\u5f97\u306a\u3044\u3060\u308d\u3046\u3002\u4f55\u3057\u308d\u5b9f\u4f53\u7d4c\u6e08\u81ea\u4f53\u306f\u7d76\u597d\u8abf\u3067\u3001\u3053\u3053\u3067\u5229\u4e0a\u3052\u3092\u64a4\u56de\u3057\u3066\u306f\u682a\u5f0f\u5e02\u5834\u306e\u8a00\u3044\u5206\u3092\u98f2\u3093\u3060\u3053\u3068\u306b\u306a\u308b\u3002\u305d\u3046\u3059\u308c\u3070\u3001\u9577\u671f\u7684\u306b\u306f\u3088\u308a\u4e0b\u843d\u306e\u5927\u304d\u3044\u50ac\u4fc3\u76f8\u5834\u304c\u59cb\u307e\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p><\/blockquote>\n<p>\u305d\u3057\u3066\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f27\u65e5\u306e\u8b70\u4f1a\u8a3c\u8a00\u3067\u307e\u3055\u306b\u305d\u306e\u901a\u308a\u306e\u767a\u8a00\u3092\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3002Reuters\uff08<a href=\"https:\/\/www.reuters.com\/article\/us-usa-fed-powell-text\/full-text-of-fed-chair-powells-testimony-idUSKCN1GB1SE\" target=\"_blank\" rel=\"noopener\">\u539f\u6587\u82f1\u8a9e<\/a>\uff09\u306e\u5831\u3058\u3066\u3044\u308b\u8a3c\u8a00\u5168\u6587\u304b\u3089\u3001\u91d1\u878d\u5f15\u304d\u7de0\u3081\u653f\u7b56\u306b\u8a00\u53ca\u3057\u305f\u90e8\u5206\u3092\u53d6\u308a\u51fa\u3057\u3066\u307f\u3088\u3046\u3002<\/p>\n<blockquote><p>\u5229\u4e0a\u3052\u3068\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u7e2e\u5c0f\u3068\u3044\u3046\u653f\u7b56\u306f\u3001\u91d1\u878d\u653f\u7b56\u306e\u7de9\u548c\u306e\u5ea6\u5408\u3044\u3092\u5f90\u3005\u306b\u6e1b\u3089\u3057\u3066\u3086\u304f\u3053\u3068\u304c\u52b4\u50cd\u5e02\u5834\u306e\u5f37\u3055\u3092\u652f\u3048\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u30922%\u306e\u76ee\u6a19\u306b\u6cbf\u3046\u3082\u306e\u306b\u306a\u308b\u3068\u3044\u3046\u308f\u308c\u308f\u308c\u306e\u7d4c\u6e08\u89b3\u306b\u6839\u3056\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u6700\u8fd1\u306e\u5e02\u5834\u306e\u8352\u308c\u6a21\u69d8\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u91d1\u878d\u653f\u7b56\u306f\u3044\u307e\u3060\u306b\u7de9\u548c\u7684\u3067\u3042\u308b\u3002<\/p><\/blockquote>\n<p>\u3064\u307e\u308a\u3001\u73fe\u5728\u306e\u5e02\u5834\u306e\u6025\u843d\u306f\u7121\u8996\u3057\u3066\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u7d9a\u3051\u3066\u3086\u304f\u3068\u3044\u3046\u3053\u3068\u3092\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u4e3b\u5f35\u3057\u305f\u3002\u305d\u3057\u3066\u7c73\u56fd\u682a\u306f\u305d\u306e\u65e5\u304b\u3089\u4e0b\u843d\u3092\u518d\u958b\u3057\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7526\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-s-and-p-500-chart.png\" alt=\"\" width=\"598\" height=\"365\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-s-and-p-500-chart.png 598w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-s-and-p-500-chart-300x183.png 300w\" sizes=\"auto, (max-width: 598px) 100vw, 598px\" \/><\/a><\/p>\n<p><strong>\u5e02\u5834\u306e\u4eca\u5f8c\u306e\u52d5\u5411<\/strong><\/p>\n<p>\u7b46\u8005\u306e\u4e8b\u524d\u306e\u4e88\u60f3\u901a\u308a\u4e0b\u843d\u518d\u958b\u306e\u5f15\u304d\u91d1\u3068\u306a\u3063\u305f\u306e\u306f\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u767a\u8a00\u3067\u306f\u3042\u3063\u305f\u3082\u306e\u306e\u3001\u3053\u3046\u3057\u305f\u76f4\u63a5\u7684\u306a\u5f15\u304d\u91d1\u304c\u306a\u304b\u3063\u305f\u3068\u3057\u3066\u3082\u5e02\u5834\u306f\u540c\u3058\u3088\u3046\u306a\u52d5\u304d\u306b\u306a\u3063\u305f\u3053\u3068\u3060\u308d\u3046\u3002\u30d1\u30a6\u30a8\u30eb\u6c0f\u304c\u3044\u3064\u4f55\u3092\u767a\u8a00\u3059\u308b\u304b\u3069\u3046\u304b\u306b\u304b\u304b\u308f\u3089\u305a\u3001\u4e0a\u306b\u8ff0\u3079\u305f\u901a\u308a\u3001Fed\u306b\u306f\u305d\u306e\u9078\u629e\u80a2\u3057\u304b\u306a\u3044\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<p>\u3053\u3053\u307e\u3067\u306f\u60f3\u5b9a\u5185\u306e\u52d5\u304d\u3060\u304c\u3001\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u6ce8\u8996\u3059\u3079\u304d\u306a\u306e\u306f\u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u539f\u56e0\u3068\u306a\u3063\u305f\u9577\u671f\u91d1\u5229\u306e\u52d5\u5411\u3067\u3042\u308b\u3002\u7e70\u308a\u8fd4\u3057\u306b\u306a\u308b\u304c\u3001\u9577\u671f\u91d1\u5229\u306e\u6025\u9a30\u3092\u53d7\u3051\u3001\u6295\u8cc7\u5bb6\u304c\u682a\u5f0f\u3067\u306f\u306a\u304f\u56fd\u50b5\u3092\u4fdd\u6709\u3059\u308c\u3070\u5145\u5206\u306a\u91d1\u5229\u3092\u5f97\u3089\u308c\u308b\u3068\u5224\u65ad\u3057\u305f\u3053\u3068\u3067\u3001\u8cc7\u91d1\u304c\u682a\u5f0f\u5e02\u5834\u304b\u3089\u50b5\u5238\u5e02\u5834\u3078\u3068\u6d41\u51fa\u3057\u3001\u682a\u4fa1\u304c\u4e0b\u843d\u3057\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u682a\u5b89\u3092\u53d7\u3051\u3066\u305d\u306e\u9577\u671f\u91d1\u5229\u304c\u5c11\u3057\u4e0b\u843d\u3057\u3066\u3044\u308b\u3002\u7c73\u56fd\u50b5\u304c\u8cc7\u91d1\u306e\u9003\u907f\u5148\u3068\u306a\u3063\u305f\u306e\u3060\u304b\u3089\u5f53\u7136\u3067\u3042\u308b\u3002\u91d1\u5229\u4f4e\u4e0b\u306f\u50b5\u5238\u4fa1\u683c\u4e0a\u6607\u3092\u610f\u5473\u3059\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-us-10-year-treasury-note-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7530\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-us-10-year-treasury-note-yield-chart.png\" alt=\"\" width=\"598\" height=\"365\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-us-10-year-treasury-note-yield-chart.png 598w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-us-10-year-treasury-note-yield-chart-300x183.png 300w\" sizes=\"auto, (max-width: 598px) 100vw, 598px\" \/><\/a><\/p>\n<p>\u4eca\u5f8c\u306e\u52d5\u304d\u306f\u3069\u3046\u306a\u308b\u304b\uff1f\u3000\u539f\u56e0\u3068\u306a\u3063\u305f\u9577\u671f\u91d1\u5229\u9ad8\u9a30\u304c\u5f8c\u9000\u3057\u305f\u5206\u3001\u682a\u4fa1\u4e0b\u843d\u3082\u53ce\u307e\u308b\u306e\u304b\uff1f\u3000\u3053\u308c\u306b\u3064\u3044\u3066\u306f\u6628\u5e7411\u6708\u306e\u8a18\u4e8b\u306b\u66f8\u3044\u3066\u3042\u308b\u306e\u3067\u3001\u305d\u306e\u307e\u307e\u5f15\u7528\u3057\u3088\u3046\u3002\u4e2d\u592e\u9280\u884c\u306b\u3088\u3063\u3066\u91d1\u878d\u5e02\u5834\u304b\u3089\u8cc7\u91d1\u304c\u5f15\u304d\u63da\u3052\u3089\u308c\u308b\u3053\u3068\u306e\u610f\u5473\u3092\u3088\u304f\u8003\u3048\u308b\u3079\u304d\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/7019\">\u30b8\u30e3\u30f3\u30af\u50b5\u7a7a\u58f2\u308a\u3092\u958b\u59cb\u3001\u30ed\u30b7\u30a2\u56fd\u50b5\u6295\u8cc7\u306f\u30ed\u30b7\u30a2\u682a\u3078\u79fb\u884c (2017\/11\/20)<\/a><\/li>\n<\/ul>\n<blockquote><p>Fed\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u7e2e\u5c0f\u3068\u306f\u3001Fed\u304c\u91cf\u7684\u7de9\u548c\u306b\u3088\u3063\u3066\u8cb7\u3044\u5165\u308c\u305f\u50b5\u5238\u306e\u4fdd\u6709\u91cf\u3092\u6e1b\u5c11\u3055\u305b\u308b\u653f\u7b56\u3067\u3042\u308b\u3002Fed\u306b\u3088\u308b\u50b5\u5238\u306e\u8cb7\u3044\u652f\u3048\u304c\u7121\u304f\u306a\u308b\u5206\u306b\u3064\u3044\u3066\u306f\u3001\u5e02\u5834\u306b\u53c2\u52a0\u3057\u3066\u3044\u308b\u4ed6\u306e\u6295\u8cc7\u5bb6\u306b\u3088\u3063\u3066\u6298\u308a\u5408\u3044\u304c\u4ed8\u3051\u3089\u308c\u308b\u3053\u3068\u306b\u306a\u308b\u3002\u3053\u3053\u307e\u3067\u306f\u660e\u78ba\u3067\u3042\u308b\u3002<\/p>\n<p>\u554f\u984c\u306f\u3001\u3053\u306e\u6298\u308a\u5408\u3044\u304c\u3069\u306e\u3088\u3046\u306b\u4ed8\u3051\u3089\u308c\u308b\u304b\u3067\u3042\u308b\u3002Fed\u306f\u56fd\u50b5\u3084\u4e0d\u52d5\u7523\u62c5\u4fdd\u8a3c\u5238\u306a\u3069\u3092\uff08\u5b9f\u8cea\u7684\u306b\uff09\u5e02\u5834\u306b\u653e\u51fa\u3059\u308b\u304c\u3001\u5fc5\u305a\u3057\u3082\u653e\u51fa\u3055\u308c\u305f\u8cc7\u7523\u304c\u5f71\u97ff\u3092\u53d7\u3051\u308b\u3068\u306f\u9650\u3089\u306a\u3044\u3002\u4f8b\u3048\u3070\u3001\u4eee\u306b10\u5e74\u7269\u56fd\u50b5\uff08\u9577\u671f\u56fd\u50b5\uff09\u306b\u5927\u304d\u306a\u58f2\u308a\u7269\u304c\u51fa\u305f\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u76f8\u5bfe\u3059\u308b\u5927\u304d\u306a\u8cb7\u3044\u652f\u3048\u304c\u3042\u308a\u3001\u50b5\u5238\u4fa1\u683c\u304c\u5909\u308f\u3089\u306a\u304b\u3063\u305f\uff08\u3064\u307e\u308a\u91d1\u5229\u304c\u52d5\u304b\u306a\u304b\u3063\u305f\uff09\u5834\u5408\u3001\u305d\u306e\u8cb7\u3044\u652f\u3048\u3092\u884c\u306a\u3063\u305f\u8cc7\u91d1\u304c\u5143\u3005\u6295\u8cc7\u3055\u308c\u3066\u3044\u305f\u8cc7\u7523\u30af\u30e9\u30b9\u306b\u5f71\u97ff\u304c\u51fa\u308b\u306e\u3067\u3042\u308a\u300110\u5e74\u7269\u56fd\u50b5\u306e\u91d1\u5229\uff08\u3064\u307e\u308a\u9577\u671f\u91d1\u5229\uff09\u306b\u5f71\u97ff\u304c\u51fa\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002\u304a\u5206\u304b\u308a\u3060\u308d\u3046\u304b\u3002<\/p><\/blockquote>\n<p>\u3060\u304b\u3089\u3001\u56fd\u50b5\u5e02\u5834\u304b\u3089\u8cc7\u91d1\u304c\u5f15\u304d\u63da\u3052\u3089\u308c\u305f\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u56fd\u50b5\u4fa1\u683c\u306f\u6301\u3061\u76f4\u3057\uff08\u3064\u307e\u308a\u91d1\u5229\u304c\u4f4e\u4e0b\u3057\uff09\u3001\u682a\u5f0f\u5e02\u5834\u304c\u4e0b\u843d\u3057\u305f\u306e\u3067\u3042\u308b\u3002\u3053\u3046\u3057\u305f\u610f\u5473\u5408\u3044\u306e\u9577\u671f\u91d1\u5229\u306e\u4f4e\u4e0b\u304c\u682a\u4fa1\u53cd\u767a\u306e\u539f\u56e0\u306b\u306a\u308b\u3068\u601d\u3063\u3066\u306f\u306a\u3089\u306a\u3044\u3002\u56e0\u679c\u95a2\u4fc2\u304c\u9006\u3060\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<p>\u3064\u307e\u308a\u3001\u4e2d\u592e\u9280\u884c\u306f\u5c11\u306a\u304f\u3068\u3082\u5168\u4f53\u306e\u8cc7\u91d1\u306e\u30d1\u30a4\u3092\u6e1b\u5c11\u3055\u305b\u3066\u3044\u308b\u306e\u3067\u3001\u3059\u3079\u3066\u306e\u8cc7\u7523\u30af\u30e9\u30b9\u304c\u8cc7\u91d1\u306e\u7db1\u5f15\u304d\u3092\u3057\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u3057\u305f\u304c\u3063\u3066\u3001\u682a\u5f0f\u5e02\u5834\u304c\u6301\u3061\u76f4\u3059\u3068\u3059\u308c\u3070\u3001\u305d\u308c\u306f\u56fd\u50b5\u5e02\u5834\u3068\u306e\u8cc7\u91d1\u306e\u7db1\u5f15\u304d\u306b\u52dd\u3064\u304b\u3089\u3067\u306f\u306a\u304f\u3001\u682a\u5f0f\u81ea\u8eab\u3088\u308a\u3082\u66f4\u306b\u30ea\u30b9\u30af\u306e\u9ad8\u3044\u8cc7\u7523\u3068\u306e\u7db1\u5f15\u304d\u306b\u52dd\u3064\u304b\u3089\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n<p>2018\u5e74\u306e\u5e02\u5834\u3067\u682a\u5f0f\u5e02\u5834\u304c\u7db1\u5f15\u304d\u306b\u52dd\u3066\u308b\u306e\u306f\u3001\u5012\u7523\u306e\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u4f01\u696d\u306e\u767a\u884c\u3059\u308b\u30b8\u30e3\u30f3\u30af\u50b5\u3067\u3042\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7527\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png\" alt=\"\" width=\"598\" height=\"365\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png 598w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/03\/2018-3-2-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart-300x183.png 300w\" sizes=\"auto, (max-width: 598px) 100vw, 598px\" \/><\/a><\/p>\n<p>\u30b8\u30e3\u30f3\u30af\u50b5\u306b\u95a2\u3057\u3066\u306f\u3082\u3046\u3053\u306e\u72b6\u6cc1\u3067\u52dd\u3061\u76ee\u306f\u306a\u3044\u3060\u308d\u3046\u3002\u3060\u304b\u3089\u7b46\u8005\u306f\u6628\u5e74\u672b\u304b\u3089\u4e00\u8cab\u3057\u3066\u30b8\u30e3\u30f3\u30af\u50b5\u3092\u7a7a\u58f2\u308a\u3057\u3066\u3044\u308b\u3002\u682a\u5f0f\u5e02\u5834\u306f\u3001\u5c11\u306a\u304f\u3068\u3082\u30b8\u30e3\u30f3\u30af\u50b5\u3088\u308a\u306f\u52dd\u3061\u76ee\u304c\u3042\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/7414\">\u4e16\u754c\u540c\u6642\u682a\u5b89: \u4eca\u5f8c\u306e\u5927\u304d\u306a\u8cc7\u91d1\u306e\u6d41\u308c\u3092\u89e3\u8aac\u3059\u308b<\/a><\/li>\n<\/ul>\n<p>\u554f\u984c\u306f\u3001\u4e16\u754c\u4e00\u306e\u7d4c\u6e08\u5927\u56fd\u3067\u3042\u308b\u30a2\u30e1\u30ea\u30ab\u304c\u91cf\u7684\u7de9\u548c\u3068\u540c\u3058\u901f\u5ea6\u3067\u5e02\u5834\u304b\u3089\u8cc7\u91d1\u3092\u5438\u3044\u4e0a\u3052\u3001\u305d\u306e\u7d50\u679c\u304c\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u66b4\u843d\u3060\u3051\u3067\u672c\u5f53\u306b\u6e08\u3080\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u5c11\u306a\u304f\u3068\u3082\u3001\u3053\u306e\u72b6\u6cc1\u3067\u682a\u3092\u8cb7\u3063\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u306f\u305d\u306e\u3053\u3068\u3092\u81ea\u554f\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u5c11\u306a\u304f\u3068\u3082\u7b46\u8005\u306f\u3001\u3053\u306e\u72b6\u6cc1\u3067\u306f\u7d76\u5bfe\u306b\u682a\u3092\u8cb7\u3044\u6301\u3061\u306b\u3057\u306a\u3044\u3060\u308d\u3046\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u30a2\u30e1\u30ea\u30ab\u767a\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u304c\u7d99\u7d9a\u3057\u3066\u3044\u308b\u3002\u8868\u5411\u304d\u306e\u7406\u7531\u306fFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u767a\u8a00\u306a\u3069\u3060\u304c\u3001\u305d\u3046\u3057\u305f\u76f4\u63a5\u7684\u306a\u6750\u6599\u304c\u306a\u304b\u3063\u305f\u3068\u3057\u3066\u3082\u540c\u3058\u3088\u3046\u306a\u52d5\u304d\u306b\u306a\u3063\u305f\u3053\u3068\u3060\u308d\u3046\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":[],"class_list":["post-7525","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-bond-markets"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/7525","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=7525"}],"version-history":[{"count":5,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/7525\/revisions"}],"predecessor-version":[{"id":7533,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/7525\/revisions\/7533"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=7525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=7525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=7525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}