{"id":44620,"date":"2026-04-13T21:28:09","date_gmt":"2026-04-13T21:28:09","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/44620\/"},"modified":"2026-04-13T21:28:09","modified_gmt":"2026-04-13T21:28:09","slug":"%e7%b1%b33%e6%9c%88%e4%b8%ad%e5%8f%a4%e4%bd%8f%e5%ae%85%e8%b2%a9%e5%a3%b2%e4%bb%b6%e6%95%b0%e3%80%81%e5%b8%82%e5%a0%b4%e4%ba%88%e6%83%b3%e4%b8%8b%e5%9b%9e%e3%82%8b%e3%80%803-98%e7%99%be%e4%b8%87","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/44620\/","title":{"rendered":"\u7c733\u6708\u4e2d\u53e4\u4f4f\u5b85\u8ca9\u58f2\u4ef6\u6570\u3001\u5e02\u5834\u4e88\u60f3\u4e0b\u56de\u308b\u30003.98\u767e\u4e07\u4ef6\uff08\u4e88\u60f34.06\u767e\u4e07\u4ef6\uff09"},"content":{"rendered":"

\u7c73\u56fd\u306e3\u6708\u4e2d\u53e4\u4f4f\u5b85\u8ca9\u58f2\u6238\u6570\u306f\u5e02\u5834\u4e88\u60f3\u3092\u4e0b\u56de\u3063\u305f\u3002\u5e02\u5834\u306f406\u4e07\u6238\u3092\u898b\u8fbc\u3093\u3067\u3044\u305f\u304c\u3001\u5b9f\u7e3e\u306f398\u4e07\u6238\u3060\u3063\u305f\u3002<\/p>\n

\u3053\u306e\u7d50\u679c\u306f\u3001\u6708\u9593\u306e\u8ca9\u58f2\u304c\u60f3\u5b9a\u3088\u308a\u5f31\u304b\u3063\u305f\u3053\u3068\u3092\u793a\u3059\u3002<\/p>\n

\u4f4f\u5b85\u5e02\u5834\u306e\u6e1b\u901f\u30b7\u30b0\u30ca\u30eb<\/h3>\n

3\u6708\u306e\u4e2d\u53e4\u4f4f\u5b85\u8ca9\u58f2\u306e\u4e0b\u632f\u308c\u306f\u3001\u4f4f\u5b85\u5e02\u5834\u306e\u51b7\u3048\u8fbc\u307f\u304c\u60f3\u5b9a\u4ee5\u4e0a\u3067\u3042\u308b\u3053\u3068\u3092\u793a\u5506\u3059\u308b\u3002\u80cc\u666f\u306b\u306f\u300c\u8cfc\u5165\u8ca0\u62c5\u306e\u91cd\u3055\uff08affordability\uff1a\u4f4f\u5b85\u4fa1\u683c\u3084\u91d1\u5229\u3001\u6240\u5f97\u306e\u95a2\u4fc2\u304b\u3089\u5bb6\u3092\u8cb7\u3044\u306b\u304f\u3044\u72b6\u614b\uff09\u300d\u304c\u3042\u308b\u3002\u3053\u308c\u306f2025\u5e74\u306e\u591a\u304f\u306e\u671f\u9593\u306b\u300c30\u5e74\u56fa\u5b9a\u4f4f\u5b85\u30ed\u30fc\u30f3\u91d1\u5229\uff08\u8fd4\u6e08\u671f\u959330\u5e74\u3067\u91d1\u5229\u304c\u56fa\u5b9a\u3055\u308c\u308b\u4f4f\u5b85\u30ed\u30fc\u30f3\uff09\u304c6.5\uff05\u8d85\u300d\u3067\u63a8\u79fb\u3057\u305f\u5c40\u9762\u3067\u3082\u78ba\u8a8d\u3055\u308c\u305f\u3002\u30c8\u30ec\u30fc\u30c0\u30fc\u306b\u3068\u3063\u3066\u306f\u3001\u300c\u91d1\u878d\u5f15\u304d\u7de0\u3081\uff08restrictive policy\uff1a\u666f\u6c17\u3084\u7269\u4fa1\u3092\u6291\u3048\u308b\u305f\u3081\u306b\u91d1\u5229\u3092\u9ad8\u3081\u306b\u4fdd\u3064\u653f\u7b56\uff09\u300d\u304c\u300c\u91d1\u5229\u306b\u654f\u611f\u306a\u696d\u7a2e\uff08rate-sensitive sectors\uff1a\u4f4f\u5b85\u306a\u3069\u3001\u91d1\u5229\u4e0a\u6607\u3067\u9700\u8981\u304c\u843d\u3061\u3084\u3059\u3044\u5206\u91ce\uff09\u300d\u3078\u5f37\u304f\u52b9\u3044\u3066\u3044\u308b\u30b5\u30a4\u30f3\u3060\u3002<\/p>\n

\u4f4f\u5b85\u6307\u6a19\u306e\u5f31\u3055\u306f\u3001\u5e74\u5185\u306e\u300c\u5229\u4e0b\u3052\uff08policy rate cut\uff1a\u4e2d\u592e\u9280\u884c\u304c\u77ed\u671f\u91d1\u5229\u306e\u76ee\u6a19\u3092\u5f15\u304d\u4e0b\u3052\u308b\u3053\u3068\uff09\u300d\u89b3\u6e2c\u3092\u62bc\u3057\u4e0a\u3052\u3084\u3059\u3044\u3002\u5e02\u5834\u3067\u306f\u300c\u30d5\u30a7\u30c7\u30e9\u30eb\u30d5\u30a1\u30f3\u30c9\u91d1\u5229\u5148\u7269\uff08fed funds futures\uff1a\u653f\u7b56\u91d1\u5229\u898b\u901a\u3057\u3092\u7e54\u308a\u8fbc\u3080\u5148\u7269\uff09\u300d\u304c\u7b2c3\u56db\u534a\u671f\u307e\u3067\u306e\u5229\u4e0b\u3052\u78ba\u7387\u3092\u3088\u308a\u9ad8\u304f\u898b\u7a4d\u3082\u308a\u59cb\u3081\u3066\u3044\u308b\u3002\u4e00\u65b9\u3001\u76f4\u8fd1\u306e\u30a4\u30f3\u30d5\u30ec\u6307\u6a19\u3067\u306f\u300c\u30b3\u30a2\u30b5\u30fc\u30d3\u30b9\uff08core services\uff1a\u98df\u54c1\u30fb\u30a8\u30cd\u30eb\u30ae\u30fc\u3092\u9664\u3044\u305f\u30b5\u30fc\u30d3\u30b9\u4fa1\u683c\uff09\u300d\u306e\u4f38\u3073\u304c\u300c\u7c98\u7740\u7684\uff08sticky\uff1a\u4e0b\u304c\u308a\u306b\u304f\u3044\uff09\u300d\u3067\u3042\u308b\u3053\u3068\u304c\u793a\u3055\u308c\u3001\u7c73\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u306b\u3068\u3063\u3066\u5224\u65ad\u304c\u96e3\u3057\u3044\u72b6\u6cc1\u3060\u3002<\/p>\n

\u4f4f\u5b85\u30bb\u30af\u30bf\u30fc\u306e\u5f31\u3055\u3092\u8e0f\u307e\u3048\u308b\u3068\u3001ITB\u3084XHB\u3068\u3044\u3063\u305f\u300c\u4f4f\u5b85\u5efa\u8a2d\u95a2\u9023ETF\uff08homebuilder ETFs\uff1a\u4f4f\u5b85\u5efa\u8a2d\u4f01\u696d\u682a\u3067\u69cb\u6210\u3055\u308c\u308b\u4e0a\u5834\u6295\u8cc7\u4fe1\u8a17\uff09\u300d\u3067\u306f\u4e0b\u65b9\u5411\u3092\u60f3\u5b9a\u3057\u305f\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u691c\u8a0e\u3057\u305f\u3044\u3002\u300c\u30d7\u30c3\u30c8\u30aa\u30d7\u30b7\u30e7\u30f3\uff08put option\uff1a\u5c06\u6765\u3001\u4e00\u5b9a\u4fa1\u683c\u3067\u58f2\u308b\u6a29\u5229\u3002\u4fa1\u683c\u4e0b\u843d\u3067\u5229\u76ca\u304c\u51fa\u3084\u3059\u3044\uff09\u300d\u306e\u8cfc\u5165\u306f\u3001\u8ffd\u52a0\u306e\u4e0b\u632f\u308c\u3092\u72d9\u3046\u624b\u6bb5\u306b\u306a\u308a\u5f97\u308b\u3002\u4f4f\u5b85\u306e\u58f2\u8cb7\u304c\u920d\u308b\u3068\u95a2\u9023\u6d88\u8cbb\u3082\u843d\u3061\u3084\u3059\u304f\u3001\u30db\u30fc\u30e0\u30bb\u30f3\u30bf\u30fc\u306a\u3069\u306e\u4f4f\u5b85\u95a2\u9023\u5c0f\u58f2\u306b\u3082\u6ce2\u53ca\u3057\u3084\u3059\u3044\u3002<\/p>\n

\u4e00\u65b9\u3001\u5229\u4e0b\u3052\u671f\u5f85\u306e\u9ad8\u307e\u308a\u306f\u300c\u56fd\u50b5\uff08government bonds\uff1a\u653f\u5e9c\u304c\u767a\u884c\u3059\u308b\u50b5\u5238\uff09\u300d\u306e\u9b45\u529b\u3092\u9ad8\u3081\u308b\u3002\u300c\u7c73\u56fd\u50b5\u30ce\u30fc\u30c8\u5148\u7269\uff08Treasury note futures\uff1a\u4e2d\u671f\u7c73\u56fd\u50b5\u306e\u5148\u7269\uff09\u300d\u3092\u30ed\u30f3\u30b0\uff08\u8cb7\u3044\u6301\u3061\uff09\u3059\u308b\u6a5f\u4f1a\u304c\u8003\u3048\u3089\u308c\u308b\u3002FRB\u304c\u300c\u30cf\u30c8\u6d3e\uff08dovish\uff1a\u5229\u4e0b\u3052\u3084\u7de9\u548c\u306b\u524d\u5411\u304d\uff09\u300d\u59ff\u52e2\u3092\u793a\u305b\u3070\u50b5\u5238\u4fa1\u683c\u306f\u4e0a\u304c\u308a\u3084\u3059\u304f\u3001\u666f\u6c17\u6e1b\u901f\u30ea\u30b9\u30af\u3078\u306e\u30d8\u30c3\u30b8\u306b\u3082\u306a\u308b\u3002<\/p>\n

\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u4e0a\u6607\u3078\u306e\u5099\u3048<\/h3>\n

\u666f\u6c17\u6e1b\u901f\u3068\u30a4\u30f3\u30d5\u30ec\u306e\u9ad8\u6b62\u307e\u308a\u304c\u540c\u6642\u306b\u8d77\u304d\u308b\u5c40\u9762\u306f\u3001\u4eca\u5f8c\u6570\u9031\u9593\u306e\u5e02\u5834\u5168\u4f53\u306e\u300c\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08volatility\uff1a\u4fa1\u683c\u5909\u52d5\u306e\u5927\u304d\u3055\uff09\u300d\u3092\u9ad8\u3081\u3084\u3059\u3044\u3002\u30c8\u30ec\u30fc\u30c0\u30fc\u306fS&P500\u306e\u300c\u30aa\u30d7\u30b7\u30e7\u30f3\u6226\u7565\uff08options strategies\uff1a\u6a29\u5229\u58f2\u8cb7\u3092\u7d44\u307f\u5408\u308f\u305b\u3066\u5024\u52d5\u304d\u306b\u5099\u3048\u308b\u624b\u6cd5\uff09\u300d\u3067\u3001\u60f3\u5b9a\u3055\u308c\u308b\u5024\u52d5\u304d\u3092\u72d9\u3046\u3053\u3068\u304c\u8003\u3048\u3089\u308c\u308b\u3002\u3053\u308c\u306f\u3001FRB\u306e\u6b21\u306e\u4e00\u624b\u304c\u8aad\u307f\u306b\u304f\u304f\u76f8\u5834\u304c\u8352\u308c\u3084\u3059\u304b\u3063\u305f2025\u5e74\u5f8c\u534a\u306e\u5c40\u9762\u306b\u8fd1\u3044\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u7c733\u6708\u4e2d\u53e4\u4f4f\u5b85\u8ca9\u58f2\u306f398\u4e07\u6238\u3068\u4e88\u60f3406\u4e07\u6238\u3092\u4e0b\u56de\u308a\u3001\u5e02\u5834\u306b\u6e1b\u901f\u8b66\u6212\u3002\u9ad8\u91d1\u5229\u3067\u8cfc\u5165\u8ca0\u62c5\u91cd\u304f\u3001\u5229\u4e0b\u3052\u671f\u5f85\u518d\u71c3\u3002\u4f4f\u5b85ETF\u4e0b\u76ee\u7dda\u3001\u50b5\u5238\u30ed\u30f3\u30b0\u3001\u682a\u30aa\u30d7\u30b7\u30e7\u30f3\u3067\u6ce2\u4e71\u306b\u5099\u3048\u3002<\/p>\n","protected":false},"author":116,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-44620","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/44620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/users\/116"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/comments?post=44620"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/44620\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=44620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=44620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=44620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}