{"id":46780,"date":"2026-05-12T13:08:02","date_gmt":"2026-05-12T13:08:02","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46780\/"},"modified":"2026-05-12T13:08:02","modified_gmt":"2026-05-12T13:08:02","slug":"%e4%b8%ad%e6%9d%b1%e6%83%85%e5%8b%a2%e3%81%ae%e7%b7%8a%e8%bf%ab%e5%8c%96%e3%81%a8%e5%9b%bd%e5%82%b5%e4%be%9b%e7%b5%a6%e5%a2%97%e3%81%8c%e9%87%8d%e3%81%97%e3%80%81%e7%b1%b3%e5%9b%bd%e5%82%b5%e5%88%a9","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/46780\/","title":{"rendered":"\u4e2d\u6771\u60c5\u52e2\u306e\u7dca\u8feb\u5316\u3068\u56fd\u50b5\u4f9b\u7d66\u5897\u304c\u91cd\u3057\u3001\u7c73\u56fd\u50b5\u5229\u56de\u308a\u4e0a\u6607\u3000\u5e02\u5834\u306f4\u6708\u7c73CPI\u3092\u6ce8\u8996"},"content":{"rendered":"

\u7c73\u56fd\u50b5\u5229\u56de\u308a\u306f\u3001\u4e2d\u6771\u60c5\u52e2\u306e\u7dca\u8feb\u5316\u306b\u95a2\u3059\u308b\u5831\u9053\u3068\u3001\u4eca\u5f8c\u898b\u8fbc\u307e\u308c\u308b\u56fd\u50b5\u767a\u884c\uff08\u56fd\u50b5\u306e\u4f9b\u7d66\u5897\u52a0\uff09\u3078\u306e\u8b66\u6212\u3092\u53d7\u3051\u3066\u4e0a\u6607\u3057\u305f\u3002\u5e02\u5834\u306e\u7126\u70b9\u306f\u3001\u7c73\u56fd\u306e4\u6708\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff08CPI\u3001\u6d88\u8cbb\u8005\u304c\u8cfc\u5165\u3059\u308b\u30e2\u30ce\u3084\u30b5\u30fc\u30d3\u30b9\u306e\u4fa1\u683c\u306e\u5909\u5316\u3092\u793a\u3059\u6307\u6a19\uff09\u3068\u3001\u305d\u308c\u304c\u7c73\u30c9\u30eb\u76f8\u5834\u304a\u3088\u3073\u91d1\u5229\u306e\u7e54\u308a\u8fbc\u307f\uff08\u5e02\u5834\u304c\u3069\u306e\u7a0b\u5ea6\u306e\u91d1\u5229\u6c34\u6e96\u3092\u60f3\u5b9a\u3057\u3066\u4fa1\u683c\u306b\u53cd\u6620\u3057\u3066\u3044\u308b\u304b\uff09\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u306b\u79fb\u3063\u3066\u3044\u308b\u3002<\/p>\n

TD\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u30fc\u30ba\u306f\u30014\u6708\u306e\u30b3\u30a2CPI\uff08\u98df\u54c1\u30fb\u30a8\u30cd\u30eb\u30ae\u30fc\u3092\u9664\u304fCPI\uff09\u3092\u524d\u6708\u6bd40.38%\u3068\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002\u5e02\u5834\u4e88\u60f3\uff08\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\uff09\u306e0.36%\u3092\u4e0a\u56de\u308b\u898b\u901a\u3057\u3060\u3002\u7dcf\u5408CPI\uff08\u30d8\u30c3\u30c9\u30e9\u30a4\u30f3CPI\u3001\u5168\u9805\u76ee\u306eCPI\uff09\u306f\u524d\u6708\u6bd40.56%\u3068\u4e88\u60f3\u3057\u3001\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u306e0.6%\u3092\u4e0b\u56de\u308b\u3068\u3057\u3066\u3044\u308b\u3002<\/p>\n

April CPI Expectations<\/h3>\n

\u30b3\u30a2CPI\u306e\u898b\u901a\u3057\u306f\u3001\u4f4f\u5c45\u8cbb\uff08\u30b7\u30a7\u30eb\u30bf\u30fc\u3001\u5bb6\u8cc3\u306a\u3069\u4f4f\u5b85\u95a2\u9023\u306e\u8cbb\u7528\uff09\u304c\u3001\u7d71\u8a08\u306e\u7b97\u51fa\u65b9\u6cd5\u306e\u8abf\u6574\u3092\u80cc\u666f\u306b\u6301\u3061\u76f4\u3059\u3053\u3068\u3068\u95a2\u4fc2\u3057\u3066\u3044\u308b\u3002\u539f\u6cb9\u4fa1\u683c\u306e\u4e0a\u6607\u3082\u3001\u822a\u7a7a\u904b\u8cc3\u306a\u3069\u306e\u9805\u76ee\u306b\u6ce2\u53ca\u3059\u308b\u3068\u307f\u3089\u308c\u308b\u3002<\/p>\n

\u30b3\u30a2\u8ca1\uff08\u8010\u4e45\u8ca1\u30fb\u975e\u8010\u4e45\u8ca1\u306a\u3069\u3001\u30b5\u30fc\u30d3\u30b9\u4ee5\u5916\u306e\u30e2\u30ce\u306e\u7269\u4fa1\uff09\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u843d\u3061\u7740\u3044\u305f\u72b6\u614b\u304c\u7d9a\u304d\u3001\u95a2\u7a0e\uff08\u8f38\u5165\u54c1\u306b\u304b\u304b\u308b\u7a0e\u91d1\uff09\u306e\u5f71\u97ff\u3082\u9650\u5b9a\u7684\u306b\u3068\u3069\u307e\u308b\u898b\u901a\u3057\u3060\u3002\u7dcf\u5408CPI\u306f\u3001\u30ac\u30bd\u30ea\u30f3\u4fa1\u683c\u306e\u9ad8\u6b62\u307e\u308a\u3068\u30013\u6708\u304c\u6a2a\u3070\u3044\u3060\u3063\u305f\u98df\u54c1\u4fa1\u683c\u306e\u4e0a\u6607\u304c\u4e0b\u652f\u3048\u3059\u308b\u3068\u4e88\u60f3\u3055\u308c\u308b\u3002<\/p>\n

Rates Volatility And Positioning<\/h3>\n

\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\uff08\u5148\u7269\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3\u306a\u3069\u306e\u91d1\u878d\u6d3e\u751f\u5546\u54c1\uff09\u53d6\u5f15\u3067\u306f\u3001\u300c\u91d1\u5229\u306f\u9ad8\u6c34\u6e96\u304c\u9577\u5f15\u304f\uff08higher for longer\uff09\u300d\u3068\u3044\u3046\u898b\u65b9\u304c\u518d\u3073\u5f37\u307e\u3063\u3066\u3044\u308b\u3002\u590f\u5834\u306e\u5229\u4e0b\u3052\u89b3\u6e2c\uff08\u653f\u7b56\u91d1\u5229\u3092\u5f15\u304d\u4e0b\u3052\u308b\u3068\u306e\u898b\u65b9\uff09\u306f\u5927\u304d\u304f\u5f8c\u9000\u3057\u3001\u30d5\u30a7\u30c7\u30e9\u30eb\u30d5\u30a1\u30f3\u30c9\uff08FF\uff09\u5148\u7269\uff08\u7c73\u653f\u7b56\u91d1\u5229\u306e\u898b\u901a\u3057\u3092\u53cd\u6620\u3059\u308b\u5148\u7269\uff09\u3067\u306f\u3001\u521d\u56de\u5229\u4e0b\u3052\u306e\u6642\u671f\u304c\u5e74\u5f8c\u534a\u3001\u5834\u5408\u306b\u3088\u3063\u3066\u306f\u7b2c4\u56db\u534a\u671f\u307e\u3067\u5f8c\u305a\u308c\u3059\u308b\u53ef\u80fd\u6027\u304c\u7e54\u308a\u8fbc\u307e\u308c\u3066\u3044\u308b\u3002\u3053\u3046\u3057\u305f\u5c40\u9762\u3067\u306f\u3001SOFR\u5148\u7269\uff08\u62c5\u4fdd\u4ed8\u304d\u7fcc\u65e5\u7269\u8abf\u9054\u91d1\u5229SOFR\u3092\u53c2\u7167\u3059\u308b\u77ed\u671f\u91d1\u5229\u5148\u7269\uff09\u306b\u9023\u52d5\u3057\u305f\u77ed\u671f\u91d1\u5229\u30aa\u30d7\u30b7\u30e7\u30f3\u304c\u3001\u9ad8\u91d1\u5229\u306e\u9577\u671f\u5316\u306b\u5099\u3048\u308b\u30dd\u30b8\u30b7\u30e7\u30f3\u69cb\u7bc9\u3067\u91cd\u8981\u306b\u306a\u308b\u3002<\/p>\n

2025\u5e74\u306b\u5927\u304d\u306a\u8981\u56e0\u3060\u3063\u305f\u30a8\u30cd\u30eb\u30ae\u30fc\u3082\u3001\u518d\u3073\u30ea\u30b9\u30af\u3068\u3057\u3066\u610f\u8b58\u3055\u308c\u3066\u3044\u308b\u3002\u30db\u30eb\u30e0\u30ba\u6d77\u5ce1\u3067\u306e\u7dca\u5f35\u304c\u30d6\u30ec\u30f3\u30c8\u539f\u6cb9\uff08\u5317\u6d77\u7523\u539f\u6cb9\u3092\u57fa\u6e96\u3068\u3059\u308b\u56fd\u969b\u6307\u6a19\uff09\u30921\u30d0\u30ec\u30eb90\u30c9\u30eb\u8fd1\u304f\u3078\u62bc\u3057\u4e0a\u3052\u308b\u306a\u304b\u3001\u7dcf\u5408\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u518d\u3073\u8df3\u306d\u308b\u30ea\u30b9\u30af\u304c\u9ad8\u307e\u3063\u3066\u3044\u308b\u3002\u3053\u306e\u305f\u3081\u3001\u5229\u56de\u308a\u304c\u4e00\u6642\u7684\u306b\u4f4e\u4e0b\u3057\u3066\u3082\u3001\u305d\u306e\u6301\u7d9a\u6027\u306b\u306f\u614e\u91cd\u306a\u898b\u65b9\u304c\u5fc5\u8981\u3060\u3002<\/p>\n

\u3053\u306e\u74b0\u5883\u3067\u306f\u3001\u50b5\u5238\u5e02\u5834\u306e\u4e88\u60f3\u5909\u52d5\u7387\uff08\u30a4\u30f3\u30d7\u30e9\u30a4\u30c9\u30fb\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3001\u5e02\u5834\u53c2\u52a0\u8005\u304c\u898b\u8fbc\u3080\u4fa1\u683c\u5909\u52d5\u306e\u5927\u304d\u3055\uff09\u3092\u6ce8\u8996\u3057\u305f\u3044\u3002MOVE\u6307\u6570\uff08\u7c73\u56fd\u50b5\u5e02\u5834\u306e\u5909\u52d5\u6027\u3092\u793a\u3059\u6307\u6570\uff09\u306f\u3001\u5e74\u521d\u306e\u4f4e\u6c34\u6e96\u304b\u3089\u4e0a\u6607\u3057\u3066\u3044\u308b\u3002\u4eca\u5f8c\u767a\u8868\u3055\u308c\u308b\u30a4\u30f3\u30d5\u30ec\u6307\u6a19\u3084\u96c7\u7528\u7d71\u8a08\u304c\u5e02\u5834\u4e88\u60f3\u3092\u5916\u305b\u3070\u3001\u91d1\u5229\u304c\u5927\u304d\u304f\u52d5\u304f\u53ef\u80fd\u6027\u304c\u3042\u308b\u305f\u3081\u3001\u91d1\u5229\u306e\u6025\u5909\u3067\u5229\u76ca\u304c\u51fa\u3084\u3059\u3044\u6226\u7565\u306e\u691c\u8a0e\u304c\u91cd\u8981\u3068\u306a\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u56fd\u50b5\u5229\u56de\u308a\u4e0a\u6607\u306e\u88cf\u3067\u7126\u70b9\u306f4\u6708CPI\u3078\u3002\u4e2d\u6771\u7dca\u8feb\u3068\u5897\u767a\u61f8\u5ff5\u3001\u4f4f\u5c45\u8cbb\u30fb\u539f\u6cb9\u304c\u7269\u4fa1\u62bc\u3057\u4e0a\u3052\u3002\u5229\u4e0b\u3052\u5f8c\u305a\u308c\u89b3\u6e2c\u3067\u30dc\u30e9\u9ad8\u3001MOVE\u6ce8\u8996\u3002\u30aa\u30d7\u30b7\u30e7\u30f3\u6226\u7565\u9375\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-46780","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\/46780","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=46780"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/46780\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=46780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=46780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=46780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}