{"id":47296,"date":"2026-05-22T11:07:05","date_gmt":"2026-05-22T11:07:05","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/47296\/"},"modified":"2026-05-22T11:07:05","modified_gmt":"2026-05-22T11:07:05","slug":"%e7%b1%b3%e7%b6%99%e7%b6%9a%e5%a4%b1%e6%a5%ad%e4%bf%9d%e9%99%ba%e7%94%b3%e8%ab%8b%e4%bb%b6%e6%95%b0%e3%80%81%e4%ba%88%e6%83%b3%e4%b8%8b%e5%9b%9e%e3%82%8a%e3%80%80frb%e3%81%ae%e3%80%8c%e9%ab%98","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/47296\/","title":{"rendered":"\u7c73\u7d99\u7d9a\u5931\u696d\u4fdd\u967a\u7533\u8acb\u4ef6\u6570\u3001\u4e88\u60f3\u4e0b\u56de\u308a\u3000FRB\u306e\u300c\u9ad8\u91d1\u5229\u9577\u671f\u5316\u300d\u898b\u901a\u3057\u3092\u88cf\u4ed8\u3051"},"content":{"rendered":"<p>\u7c73\u56fd\u306e\u7d99\u7d9a\u5931\u696d\u4fdd\u967a\u7533\u8acb\u4ef6\u6570\uff08\u5931\u696d\u7d66\u4ed8\u3092\u7d99\u7d9a\u3057\u3066\u53d7\u7d66\u3057\u3066\u3044\u308b\u4eba\u306e\u6570\uff09\u306f\u30015\u67088\u65e5\u7d42\u4e86\u9031\u306b178\u4e072,000\u4ef6\u3068\u306a\u3063\u305f\u3002\u5e02\u5834\u4e88\u60f3\u306e179\u4e07\u4ef6\u3092\u4e0b\u56de\u3063\u305f\u3002<\/p>\n<p>\u7d99\u7d9a\u7533\u8acb\u304c\u4e88\u60f3\u3092\u308f\u305a\u304b\u306b\u4e0b\u56de\u3063\u305f\u3053\u3068\u306f\u3001\u52b4\u50cd\u5e02\u5834\uff08\u96c7\u7528\u306e\u72b6\u6cc1\uff09\u304c\u5e95\u5805\u3044\u3053\u3068\u3092\u793a\u3059\u6750\u6599\u3060\u3002\u3053\u306e\u5f37\u3055\u306f\u3001\u7c73\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u304c\u8fd1\u304f\u5229\u4e0b\u3052\uff08\u653f\u7b56\u91d1\u5229\u306e\u5f15\u304d\u4e0b\u3052\uff09\u3092\u6025\u3050\u7406\u7531\u304c\u5c0f\u3055\u3044\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u3002\u91d1\u5229\u306f\u300c\u9ad8\u6c34\u6e96\u304c\u9577\u304f\u7d9a\u304f\uff08higher for longer\uff09\u300d\u5c40\u9762\u306b\u306a\u308a\u3084\u3059\u304f\u3001\u6295\u8cc7\u65b9\u91dd\u3082\u305d\u308c\u3092\u524d\u63d0\u306b\u7d44\u307f\u7acb\u3066\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n<h3>Labor Market And Inflation Backdrop<\/h3>\n<p>\u96c7\u7528\u7d71\u8a08\u3060\u3051\u3067\u5224\u65ad\u306f\u3067\u304d\u306a\u3044\u30024\u6708\u306e\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff08CPI\u3001\u5bb6\u5ead\u304c\u8cfc\u5165\u3059\u308b\u5546\u54c1\u30fb\u30b5\u30fc\u30d3\u30b9\u306e\u4fa1\u683c\u306e\u5909\u5316\uff09\u306f\u524d\u5e74\u540c\u6708\u6bd43.4%\u3068\u306a\u308a\u3001FRB\u306e\u76ee\u6a19\u3067\u3042\u308b2%\u3092\u306a\u304a\u4e0a\u56de\u3063\u3066\u3044\u308b\u3002FRB\u5f53\u5c40\u8005\u306f\u524d\u56de\u4f1a\u5408\u3067\u3001\u30a4\u30f3\u30d5\u30ec\u304c2%\u306b\u5411\u3051\u3066\u6301\u7d9a\u7684\u306b\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u78ba\u4fe1\u304c\u6301\u3066\u306a\u3044\u3001\u3068\u306e\u59ff\u52e2\u3092\u793a\u3057\u305f\u3002\u30a4\u30f3\u30d5\u30ec\u306e\u7c98\u7740\u6027\uff08\u4e0b\u304c\u308a\u306b\u304f\u3055\uff09\u3068\u5805\u8abf\u306a\u96c7\u7528\u304c\u91cd\u306a\u308b\u3053\u3068\u3067\u3001FRB\u304c\u91d1\u878d\u5f15\u304d\u7de0\u3081\uff08\u666f\u6c17\u3092\u51b7\u3084\u3059\u305f\u3081\u306b\u91d1\u5229\u3092\u9ad8\u304f\u4fdd\u3064\u653f\u7b56\uff09\u3092\u7dad\u6301\u3059\u308b\u6839\u62e0\u306b\u306a\u308a\u3084\u3059\u3044\u3002<\/p>\n<p>\u3053\u306e\u898b\u901a\u3057\u3092\u8e0f\u307e\u3048\u308b\u3068\u3001\u5e02\u5834\u304c\u5e74\u5f8c\u534a\u306e\u5229\u4e0b\u3052\u3092\u7e54\u308a\u8fbc\u307f\u3059\u304e\u3066\u3044\u308b\u53ef\u80fd\u6027\u306b\u306f\u6ce8\u610f\u304c\u5fc5\u8981\u3060\u3002\u5bfe\u5fdc\u7b56\u3068\u3057\u3066\u3001SOFR\u5148\u7269\uff08\u62c5\u4fdd\u4ed8\u304d\u7fcc\u65e5\u7269\u8cc7\u91d1\u8abf\u9054\u91d1\u5229\uff1dSOFR\u3092\u57fa\u6e96\u306b\u3057\u305f\u91d1\u5229\u5148\u7269\uff09\u306e\u30aa\u30d7\u30b7\u30e7\u30f3\uff08\u4e00\u5b9a\u6761\u4ef6\u3067\u58f2\u8cb7\u3059\u308b\u6a29\u5229\uff09\u3092\u691c\u8a0e\u3067\u304d\u308b\u3002\u5229\u4e0b\u3052\u306e\u6642\u671f\u304c\u5148\u9001\u308a\u3055\u308c\u308b\u65b9\u5411\u306b\u5e02\u5834\u306e\u898b\u65b9\u304c\u52d5\u3051\u3070\u3001\u3053\u3046\u3057\u305f\u53d6\u5f15\u304c\u6709\u5229\u306b\u306a\u308a\u5f97\u308b\u30022022\u301c2023\u5e74\u306e\u5229\u4e0a\u3052\u5c40\u9762\u3067\u898b\u3089\u308c\u305f\u3088\u3046\u306b\u3001\u91d1\u878d\u653f\u7b56\u898b\u901a\u3057\u306f\u77ed\u671f\u9593\u3067\u5909\u308f\u308a\u3084\u3059\u304f\u3001\u65e9\u3059\u304e\u308b\u5229\u4e0b\u3052\u671f\u5f85\u306f\u9006\u56de\u8ee2\u3057\u3084\u3059\u3044\u3002<\/p>\n<p>\u682a\u4fa1\u6307\u6570\u306b\u3068\u3063\u3066\u306f\u9006\u98a8\u3060\u3002\u501f\u5165\u30b3\u30b9\u30c8\uff08\u8cc7\u91d1\u8abf\u9054\u306e\u8cbb\u7528\uff09\u304c\u9ad8\u3044\u72b6\u614b\u304c\u7d9a\u304f\u3068\u3001\u4f01\u696d\u5229\u76ca\u304c\u5727\u8feb\u3055\u308c\u3084\u3059\u3044\u3002\u6570\u9031\u9593\u5148\u306e\u4e0b\u632f\u308c\u306b\u5099\u3048\u308b\u306b\u306f\u3001\u6307\u6570\u30aa\u30d7\u30b7\u30e7\u30f3\uff08\u682a\u4fa1\u6307\u6570\u306b\u9023\u52d5\u3059\u308b\u30aa\u30d7\u30b7\u30e7\u30f3\uff09\u3092\u4f7f\u3063\u305f\u30d8\u30c3\u30b8\uff08\u640d\u5931\u3092\u6291\u3048\u308b\u305f\u3081\u306e\u53d6\u5f15\uff09\u304c\u6709\u52b9\u3068\u306a\u308b\u3002\u4f8b\u3048\u3070SPY\uff08S&#038;P500\u9023\u52d5ETF\uff09\u3067\u306e\u30d7\u30c3\u30c8\u30fb\u30b9\u30d7\u30ec\u30c3\u30c9\uff08\u6a29\u5229\u884c\u4f7f\u4fa1\u683c\u306e\u7570\u306a\u308b\u30d7\u30c3\u30c8\u3092\u8cb7\u3044\u3068\u58f2\u308a\u3067\u7d44\u307f\u5408\u308f\u305b\u3001\u30b3\u30b9\u30c8\u3068\u640d\u76ca\u3092\u9650\u5b9a\u3059\u308b\u6226\u7565\uff09\u306b\u3088\u308a\u3001\u30ea\u30b9\u30af\u3092\u9650\u5b9a\u3057\u3064\u3064\u4e0b\u843d\u306b\u5099\u3048\u3089\u308c\u308b\u3002FRB\u304c\u30bf\u30ab\u6d3e\uff08\u5f15\u304d\u7de0\u3081\u91cd\u8996\uff09\u3068\u53d7\u3051\u6b62\u3081\u3089\u308c\u3001\u5e02\u5834\u304c\u518d\u8a55\u4fa1\u3055\u308c\u308b\u5c40\u9762\u3067\u9632\u5fa1\u529b\u304c\u9ad8\u307e\u308b\u3002<\/p>\n<p>\u7d4c\u6e08\u6307\u6a19\u304c\u5f37\u3044\u72b6\u614b\u304c\u7d9a\u304f\u3068\u3001\u5e02\u5834\u306f\u65b9\u5411\u611f\u304c\u5b9a\u307e\u308a\u306b\u304f\u3044\u5024\u52d5\u304d\uff08\u4e0d\u5b89\u5b9a\u306a\u4e0a\u4e0b\uff09\u306b\u306a\u308a\u3084\u3059\u3044\u3002\u305d\u306e\u5834\u5408\u3001\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u4fa1\u683c\u5909\u52d5\u306e\u5927\u304d\u3055\uff09\u306e\u4e0a\u6607\u306b\u5099\u3048\u308b\u3053\u3068\u304c\u30d8\u30c3\u30b8\u3068\u3057\u3066\u6709\u52b9\u3060\u3002VIX\u6307\u6570\uff08S&#038;P500\u306e\u4e88\u60f3\u5909\u52d5\u7387\u3092\u793a\u3059\u6307\u6570\u3002\u300c\u6050\u6016\u6307\u6570\u300d\u3068\u3082\u547c\u3070\u308c\u308b\uff09\u306b\u9023\u52d5\u3057\u305f\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\uff08\u5148\u7269\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3\u306a\u3069\u306e\u6d3e\u751f\u5546\u54c1\uff09\u3092\u7528\u3044\u308b\u624b\u6bb5\u304c\u3042\u308b\u3002VIX\u30b3\u30fc\u30eb\uff08VIX\u4e0a\u6607\u3067\u5229\u76ca\u306b\u306a\u308a\u3084\u3059\u3044\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\uff09\u3092\u8cb7\u3046\u3053\u3068\u306f\u3001\u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Hedging Considerations<\/h3>\n","protected":false},"excerpt":{"rendered":"<p>\u7d99\u7d9a\u5931\u696d\u4fdd\u967a\u306f178.2\u4e07\u4ef6\u3068\u4e88\u60f3\u4e0b\u632f\u308c\u3001\u96c7\u7528\u306f\u5e95\u5805\u3044\u3002CPI\u9ad8\u6b62\u307e\u308a\u3082\u91cd\u306a\u308aFRB\u306f\u300c\u9ad8\u91d1\u5229\u9577\u671f\u5316\u300d\u3078\u3002\u5229\u4e0b\u3052\u7e54\u308a\u8fbc\u307f\u904e\u591a\u306b\u8b66\u6212\u3001SOFR\u30fb\u6307\u6570\u30aa\u30d7\u30b7\u30e7\u30f3\u3068VIX\u3067\u9632\u885b\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-47296","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\/47296","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=47296"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/47296\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=47296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=47296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=47296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}