{"id":7709,"date":"2018-07-21T19:53:50","date_gmt":"2018-07-21T10:53:50","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=7709"},"modified":"2018-07-21T14:54:42","modified_gmt":"2018-07-21T05:54:42","slug":"%e3%83%88%e3%83%a9%e3%83%b3%e3%83%97%e5%a4%a7%e7%b5%b1%e9%a0%98%e7%99%ba%e8%a8%80%e3%81%a7%e5%86%86%e9%ab%98%e3%83%89%e3%83%ab%e5%ae%89%e3%80%81%e9%95%b7%e6%9c%9f%e9%87%91%e5%88%a9%e4%b8%8a%e6%98%87","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7709","title":{"rendered":"\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u767a\u8a00\u3067\u5186\u9ad8\u30c9\u30eb\u5b89\u3001\u9577\u671f\u91d1\u5229\u4e0a\u6607\u3068\u306a\u3063\u305f\u7406\u7531"},"content":{"rendered":"<p>\u30c9\u30eb\u5186\u304c\u6025\u843d\u3057\u305f\u3002\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u4e2d\u56fd\u306e\u3059\u3079\u3066\u306e\u8f38\u5165\u54c1\u306b\u5bfe\u3057\u3066\u6700\u59275000\u5104\u30c9\u30eb\u306e\u95a2\u7a0e\u3092\u639b\u3051\u308b\u3068\u767a\u8a00\u3057\u305f\u3053\u3068\u3001\u305d\u3057\u3066Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u5229\u4e0a\u3052\u306b\u5bfe\u3057\u3066\u4e0d\u5feb\u611f\u3092\u8868\u660e\u3057\u305f\u3053\u3068\u304b\u3089\u3001\u4e00\u6642113\u5186\u53f0\u307e\u3067\u4e0a\u6607\u3057\u3066\u3044\u305f\u30c9\u30eb\u5186\u306f\u4e00\u6c17\u306b111\u5186\u53f0\u524d\u534a\u307e\u3067\u4e0b\u843d\u3057\u305f\u3002<\/p>\n<p><!--more-->\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u4e2d\u56fd\u3068\u306e\u8cbf\u6613\u6226\u4e89\u767a\u8a00\u306b\u3064\u3044\u3066\u306f\u5927\u7d71\u9818\u304a\u5f97\u610f\u306e\u4ea4\u6e09\u306e\u4e00\u74b0\u3067\u3042\u308a\u3001\u6570\u5b57\u3092\u984d\u9762\u901a\u308a\u53d7\u3051\u53d6\u3063\u3066\u306f\u306a\u3089\u306a\u3044\u304c\u3001\u6295\u8cc7\u5bb6\u3068\u3057\u3066\u306f\u5229\u4e0a\u3052\u306b\u5bfe\u3059\u308b\u767a\u8a00\u306f\u6ce8\u610f\u6df1\u304f\u805e\u3044\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u3002CNBC\uff08<a href=\"https:\/\/www.cnbc.com\/2018\/07\/19\/trump-lays-into-the-fed-says-hes-not-thrilled-about-interest-rate-.html\" target=\"_blank\" rel=\"noopener\">\u539f\u6587\u82f1\u8a9e<\/a>\uff09\u306b\u3088\u308c\u3070\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n<blockquote><p>\u5229\u4e0a\u3052\u306b\u5bfe\u3057\u3066\u306f\u5feb\u304f\u306f\u601d\u3063\u3066\u3044\u306a\u3044\u3002\u4e00\u5ea6\u91d1\u5229\u3092\u4e0a\u3052\u308b\u5ea6\u306b\u3001\u307e\u305f\u3082\u3046\u4e00\u5ea6\u91d1\u5229\u3092\u4e0a\u3052\u305f\u3044\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002\u597d\u307e\u3057\u3044\u72b6\u6cc1\u3067\u306f\u306a\u3044\u3002\u305f\u3060\u3001Fed\u304c\u826f\u3044\u3068\u601d\u3046\u3088\u3046\u306b\u3084\u3063\u3066\u3082\u3089\u3046\u306e\u304c\u826f\u3044\u3068\u306f\u601d\u3063\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n<p>\u3053\u3053\u3067\u306f\u5927\u7d71\u9818\u9078\u6319\u306e\u6642\u304b\u3089\u5831\u3058\u3066\u3044\u308b\u3053\u3068\u3060\u304c\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u5468\u56f2\u306b\u306f\u8457\u540d\u6295\u8cc7\u5bb6\u306e\u30ab\u30fc\u30eb\u30fb\u30a2\u30a4\u30ab\u30fc\u30f3\u6c0f\u3089\u304c\u304a\u308a\u3001\u5f7c\u306e\u91d1\u878d\u653f\u7b56\u306b\u3064\u3044\u3066\u306e\u767a\u8a00\u306f\u3001\u3053\u3046\u3057\u305f\u4e16\u754c\u6709\u6570\u306e\u5c02\u9580\u5bb6\u306e\u76f8\u5834\u89b3\u306b\u57fa\u3065\u3044\u3066\u3044\u308b\u3002\u4f8b\u3048\u3070\u3053\u306e\u767a\u8a00\u306f\u3001\u524d\u56de\u306e\u8a18\u4e8b\u3067\u53d6\u308a\u4e0a\u3052\u305f\u50b5\u5238\u6295\u8cc7\u5bb6\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f\u306e\u767a\u8a00\u306b\u4f3c\u3066\u3044\u308b\u3068\u8a00\u3048\u308b\u3060\u308d\u3046\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7700\" target=\"_blank\" rel=\"noopener\">\u30a2\u30e1\u30ea\u30ab\u306f\u672c\u5f53\u306b\u3042\u30686\u56de\u3082\u5229\u4e0a\u3052\u3059\u308b\u306e\u304b\uff1f<\/a><\/li>\n<\/ul>\n<blockquote><p>\u6570\u5e74\u524d\u307e\u3067\u306fFed\u306f\u7d4c\u6e08\u6307\u6a19\u304c\u6539\u5584\u3059\u308b\u307e\u3067\u52d5\u304b\u306a\u3044\u59ff\u52e2\u3092\u793a\u3057\u3066\u3044\u305f\u3002\u4eca\u3067\u306f\u6307\u6a19\u304c\u5f31\u304f\u306a\u308b\u307e\u3067\u6b62\u307e\u3089\u306a\u3044\u59ff\u52e2\u3092\u793a\u3057\u3066\u3044\u308b\u3002\u3057\u304b\u3057\u6307\u6a19\u304c\u5b9f\u969b\u306b\u5f31\u304f\u306a\u3063\u3066\u304b\u3089\u3067\u306f\u9045\u3059\u304e\u308b\u306e\u3067\u3042\u308b\u3002<\/p><\/blockquote>\n<p>\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u3053\u3046\u3057\u305f\u767a\u8a00\u3092\u53d7\u3051\u3001\u30c9\u30eb\u5186\u306f\u6025\u843d\u3057\u305f\u3002<\/p>\n<p><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/07\/2018-7-21-usdjpy-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7710\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/07\/2018-7-21-usdjpy-chart.png\" alt=\"\" width=\"604\" height=\"371\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/07\/2018-7-21-usdjpy-chart.png 604w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/07\/2018-7-21-usdjpy-chart-300x184.png 300w\" sizes=\"auto, (max-width: 604px) 100vw, 604px\" \/><\/a><\/p>\n<p>\u3057\u304b\u3057\u30c9\u30eb\u5186\u306f\u4f55\u6545\u6025\u843d\u3057\u305f\u306e\u3060\u308d\u3046\u304b\uff1f\u3000\u8aad\u8005\u306f\u305d\u306e\u7406\u7531\u3092\u7cbe\u78ba\u306b\u6319\u3052\u308b\u3053\u3068\u304c\u51fa\u6765\u308b\u3060\u308d\u3046\u304b\uff1f\u3000\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306f\u5229\u4e0a\u3052\u3092\u653b\u6483\u3057\u305f\u304b\u3089\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u5229\u304c\u4e0b\u304c\u308a\u3001\u7d50\u679c\u3068\u3057\u3066\u30c9\u30eb\u304c\u4e0b\u304c\u3063\u305f\u306e\u3060\u308d\u3046\u304b\uff1f<\/p>\n<p><strong>\u4e0a\u6607\u3057\u305f\u30a2\u30e1\u30ea\u30ab\u9577\u671f\u91d1\u5229<\/strong><\/p>\n<p>\u305d\u308c\u304c\u305d\u3046\u3067\u306f\u306a\u3044\u306e\u3067\u3042\u308b\u3002\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u767a\u8a00\u306e\u7d50\u679c\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306f\u5b9f\u306f\u4e0a\u6607\u3057\u3066\u3044\u308b\u3002\u9577\u671f\u91d1\u5229\u306f\u524d\u65e5\u306e2.85%\u304b\u30892.89%\u307e\u3067\u4e0a\u6607\u3057\u3066\u5f15\u3051\u3066\u3044\u308b\u3002\u5229\u4e0a\u3052\u3092\u3088\u308a\u76f4\u63a5\u7684\u306b\u53cd\u6620\u3059\u308b\u77ed\u671f\u91d1\u5229\u3084\u91d1\u5229\u5148\u7269\u306f\u307b\u3068\u3093\u3069\u52d5\u3044\u3066\u3044\u306a\u3044\u3002\u3064\u307e\u308a\u3001\u91d1\u878d\u5e02\u5834\u306f\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u767a\u8a00\u3067\u5229\u4e0a\u3052\u304c\u6b62\u307e\u308b\u3053\u3068\u3092\u7e54\u308a\u8fbc\u3093\u3060\u308f\u3051\u3067\u306f\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n<p>\u5927\u7d71\u9818\u306e2\u3064\u306e\u767a\u8a00\u306e\u3046\u3061\u3001\u3069\u3061\u3089\u3092\u3088\u308a\u7e54\u308a\u8fbc\u3093\u3060\u304b\u3068\u8a00\u3048\u3070\u305d\u308c\u306f\u4e2d\u56fd\u3068\u306e\u8cbf\u6613\u6226\u4e89\u306e\u65b9\u3067\u3042\u308a\u3001\u5e02\u5834\u306f\u5229\u4e0a\u3052\u306b\u95a2\u3057\u3066\u306fFed\u304c\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u8a00\u3046\u3053\u3068\u3092\u805e\u304f\u3068\u306f\u601d\u3063\u3066\u3044\u306a\u3044\u3053\u3068\u306b\u306a\u308b\u3002\u7b46\u8005\u3082\u6982\u306d\u540c\u610f\u3067\u306f\u3042\u308b\u304c\u3001\u3057\u304b\u3057\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u767a\u8a00\u3067\u5185\u5fc3\u52a9\u304b\u3063\u305f\u3068\u601d\u3063\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u4f55\u6545\u306a\u3089\u3070\u3001Fed\u306e\u81ea\u5df1\u7533\u544a\u901a\u308a\u3053\u3053\u304b\u3089\u3042\u30686\u56de\u3082\u5229\u4e0a\u3052\u3092\u3057\u3066\u306f\u660e\u3089\u304b\u306b\u884c\u304d\u904e\u304e\u3067\u3042\u308a\u3001\u3069\u3053\u304b\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u4f4e\u91d1\u5229\u5074\u306b\u65b9\u5411\u4fee\u6b63\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7700\" rel=\"noopener\">\u30a2\u30e1\u30ea\u30ab\u306f\u672c\u5f53\u306b\u3042\u30686\u56de\u3082\u5229\u4e0a\u3052\u3059\u308b\u306e\u304b\uff1f<\/a><\/li>\n<\/ul>\n<p>\u3064\u307e\u308a\u3001\u5e02\u5834\u304c\u5229\u4e0a\u3052\u306e\u9813\u632b\u3092\u61f8\u5ff5\u3057\u3066\u30c9\u30eb\u5b89\u3068\u306a\u3063\u305f\u308f\u3051\u3067\u306f\u306a\u304f\u3001\u8cbf\u6613\u6226\u4e89\u3092\u61f8\u5ff5\u3057\u3066\u306e\u30ea\u30b9\u30af\u30aa\u30d5\u3068\u3044\u3046\u65b9\u304c\u6b63\u3057\u3044\u3002\u3057\u304b\u3057\u305d\u308c\u306f\u8868\u9762\u4e0a\u306e\u3053\u3068\u3067\u3042\u308a\u3001\u672c\u5f53\u306e\u539f\u56e0\u306f\u3053\u308c\u307e\u3067\u8aac\u660e\u3057\u3066\u304d\u3066\u3044\u308b\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n<p>\u3064\u307e\u308a\u3001Fed\u306e\u91cf\u7684\u5f15\u304d\u7de0\u3081\u304c\u4e16\u754c\u5e02\u5834\u304b\u3089\u8cc7\u91d1\u3092\u5438\u53ce\u3057\u3001\u7d50\u679c\u3068\u3057\u3066\u4f4e\u91d1\u5229\u901a\u8ca8\u3092\u7528\u3044\u305f\u30ad\u30e3\u30ea\u30fc\u30c8\u30ec\u30fc\u30c9\u304c\u5f90\u3005\u306b\u89e3\u6d88\u3055\u308c\u305f\u7d50\u679c\u3001\u5186\u306e\u8cb7\u3044\u623b\u3057\u304c\u8d77\u3053\u3063\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u30c9\u30eb\u5186\u306e\u7a7a\u58f2\u308a\u3092\u5ba3\u8a00\u3057\u305f\u8a18\u4e8b\u3067\u3082\u66f8\u3044\u305f\u901a\u308a\u3060\u304c\u3001\u3053\u308c\u306f2008\u5e74\u306e\u72b6\u6cc1\u3068\u540c\u3058\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7683\">2019\u5e74\u3078\u306e\u30c9\u30eb\u5186\u306e\u30ec\u30fc\u30c8\u63a8\u79fb\u4e88\u60f3\u3068\u7a7a\u58f2\u308a\u958b\u59cb (2018\/7\/15)<\/a><\/li>\n<\/ul>\n<p>\u3061\u306a\u307f\u306b\u3001\u7a7a\u58f2\u308a\u958b\u59cb\u306e\u8a18\u4e8b\u3067\u306f\u3001\u30c9\u30eb\u5186\u306b\u306f\u4e0b\u843d\u5727\u529b\u306f\u304b\u304b\u308b\u304c\u3001\u5b9f\u8cea\u91d1\u5229\u306f\u4e0a\u6607\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u3057\u3066\u3001\u305d\u306e\u30ea\u30b9\u30af\u3092\u30d8\u30c3\u30b8\u3059\u308b\u305f\u3081\u306bTIPS\uff08\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\uff09\u306e\u7a7a\u58f2\u308a\u3092\u85a6\u3081\u3066\u3044\u308b\u304c\u3001\u30c9\u30eb\u5186\u306e\u4e0b\u843d\u3068\u540c\u6642\u306b\u3053\u306eTIPS\u304c\u4e0b\u843d\uff08\u5b9f\u8cea\u91d1\u5229\u306f\u4e0a\u6607\uff09\u3057\u3066\u3044\u308b\u3002\u53c2\u8003\u307e\u3067\u306bTIPS\u306eETF\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u8f09\u305b\u3066\u304a\u304f\u3002<\/p>\n<p><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/07\/2018-7-21-ishares-tips-bond-etf-nysearca-tip-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7711\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/07\/2018-7-21-ishares-tips-bond-etf-nysearca-tip-chart.png\" alt=\"\" width=\"604\" height=\"371\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/07\/2018-7-21-ishares-tips-bond-etf-nysearca-tip-chart.png 604w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/07\/2018-7-21-ishares-tips-bond-etf-nysearca-tip-chart-300x184.png 300w\" sizes=\"auto, (max-width: 604px) 100vw, 604px\" \/><\/a><\/p>\n<p>\u3064\u307e\u308a\u3001\u30e1\u30a4\u30f3\u306e\u30c9\u30eb\u5186\u306e\u7a7a\u58f2\u308a\u3060\u3051\u3067\u306f\u306a\u304f\u3001\u30d8\u30c3\u30b8\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u304b\u3089\u3082\u5229\u76ca\u304c\u51fa\u3066\u3044\u308b\u308f\u3051\u3067\u3042\u308b\u3002\u30b0\u30ed\u30fc\u30d0\u30eb\u30de\u30af\u30ed\u6226\u7565\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3068\u306f\u3001\u3053\u306e\u3088\u3046\u306b\u51fa\u6765\u3066\u3044\u308b\u3002\u30d8\u30c3\u30b8\u3082\u4f55\u3089\u304b\u306e\u6295\u8cc7\u6226\u7565\u306b\u57fa\u3065\u304f\u3082\u306e\u3060\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<p><strong>\u4e0a\u304c\u3089\u306a\u3044\u30c9\u30eb\u5186<\/strong><\/p>\n<p>2018\u5e74\u306e\u30c8\u30ec\u30f3\u30c9\u306f\u5186\u9ad8\u30c9\u30eb\u5b89\u3067\u3042\u308b\u3002\u6570\u30f6\u6708\u524d\u306e\u8a18\u4e8b\u3067\u8aac\u660e\u3057\u305f\u901a\u308a\u3001\u5229\u4e0a\u3052\u3060\u3051\u3092\u8003\u3048\u308c\u3070\u30c9\u30eb\u5186\u306f\u65e2\u306b125\u5186\u7a0b\u5ea6\u307e\u3067\u4e0a\u6607\u3057\u3066\u3044\u306a\u3051\u308c\u3070\u304a\u304b\u3057\u3044\u306e\u3067\u3042\u308b\u3002\u3060\u304c\u3001\u73fe\u5b9f\u306f\u305d\u3046\u306a\u3063\u3066\u3044\u306a\u3044\u3002\u30c9\u30eb\u5186\u3092\u30c8\u30ec\u30fc\u30c9\u3059\u308b\u6295\u8cc7\u5bb6\u306f\u3001\u305d\u306e\u4e8b\u5b9f\u306b\u5bfe\u3059\u308b\u5408\u7406\u7684\u306a\u8aac\u660e\u3092\u6301\u3063\u3066\u3044\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3060\u308d\u3046\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7640\">2018\u5e74\u3001\u5186\u9ad8\u30c9\u30eb\u5b89\u306e\u7406\u7531 (2018\/5\/22)<\/a><\/li>\n<\/ul>\n<p>\u56e0\u307f\u306b\u3053\u306e\u8a18\u4e8b\u306f5\u6708\u306e\u3082\u306e\u3067\u3042\u308a\u3001\u30c9\u30eb\u5186\u7a7a\u58f2\u308a\u306e\u8a18\u4e8b\u306f\u6025\u843d\u76f4\u524d\u306e\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u3044\u3064\u3082\u306e\u3053\u3068\u3060\u304c\u3001\u3053\u3053\u3067\u306f\u3059\u3079\u3066\u3092\u4e8b\u524d\u306b\u66f8\u3044\u3066\u3057\u307e\u3063\u3066\u3044\u308b\u306e\u3067\u3001\u5b9f\u969b\u306b\u5e02\u5834\u304c\u8352\u308c\u305f\u5f8c\u306b\u66f8\u304f\u3053\u3068\u306f\u3001\u4ee5\u524d\u306e\u8a18\u4e8b\u306b\u66f8\u3044\u305f\u3053\u3068\u3092\u7e70\u308a\u8fd4\u3059\u3060\u3051\u3067\u3042\u308b\u3002<\/p>\n<p>\u9006\u8aac\u7684\u3060\u304c\u3001\u30a2\u30e1\u30ea\u30ab\u304c\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u7d9a\u3051\u308b\u9650\u308a\u3001\u30c9\u30eb\u5186\u306b\u306f\u4e0b\u843d\u5727\u529b\u304c\u304b\u304b\u308a\u7d9a\u3051\u308b\u3060\u308d\u3046\u3002\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u767a\u8a00\u306a\u3069\u304c\u5f15\u304d\u91d1\u306b\u306f\u306a\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u672c\u8cea\u306f\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3067\u3042\u308b\u3002\u77ed\u671f\u7684\u306a\u52d5\u304d\u306b\u3068\u3089\u308f\u308c\u305a\u3001\u7c9b\u3005\u3068\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u7dad\u6301\u3057\u3066\u3086\u304f\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u30c9\u30eb\u5186\u304c\u6025\u843d\u3057\u305f\u3002\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u4e2d\u56fd\u306e\u3059\u3079\u3066\u306e\u8f38\u5165\u54c1\u306b\u5bfe\u3057\u3066\u6700\u59275000\u5104\u30c9\u30eb\u306e\u95a2\u7a0e\u3092\u639b\u3051\u308b\u3068\u767a\u8a00\u3057\u305f\u3053\u3068\u3001\u305d\u3057\u3066Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u5229\u4e0a\u3052\u306b\u5bfe\u3057\u3066\u4e0d\u5feb\u611f\u3092\u8868\u660e\u3057\u305f\u3053\u3068\u304b\u3089\u3001\u4e00\u6642113\u5186\u53f0\u307e\u3067\u4e0a\u6607\u3057\u3066\u3044\u305f\u30c9\u30eb\u5186\u306f\u4e00 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7709\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u767a\u8a00\u3067\u5186\u9ad8\u30c9\u30eb\u5b89\u3001\u9577\u671f\u91d1\u5229\u4e0a\u6607\u3068\u306a\u3063\u305f\u7406\u7531<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[118,120,19,108],"tags":[96],"class_list":["post-7709","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-usdjpy","category-foreign-exchange-market","category-bond-markets","tag-donald-trump"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/7709","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=7709"}],"version-history":[{"count":4,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/7709\/revisions"}],"predecessor-version":[{"id":7715,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/7709\/revisions\/7715"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=7709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=7709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=7709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}