{"id":38517,"date":"2026-02-18T01:30:50","date_gmt":"2026-02-18T01:30:50","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%af%b8%ea%b5%ad-52%ec%a3%bc%eb%ac%bc-%ea%b5%ad%ec%b1%84-%ec%9e%85%ec%b0%b0%ec%97%90%ec%84%9c-%ec%88%98%ec%9d%b5%eb%a5%a0%ec%9d%b4-%ec%9d%b4%ec%a0%84-3-39%ec%97%90%ec%84%9c-3-345%eb%a1%9c-%ed%95%98\/"},"modified":"2026-02-18T01:30:50","modified_gmt":"2026-02-18T01:30:50","slug":"%eb%af%b8%ea%b5%ad-52%ec%a3%bc%eb%ac%bc-%ea%b5%ad%ec%b1%84-%ec%9e%85%ec%b0%b0%ec%97%90%ec%84%9c-%ec%88%98%ec%9d%b5%eb%a5%a0%ec%9d%b4-%ec%9d%b4%ec%a0%84-3-39%ec%97%90%ec%84%9c-3-345%eb%a1%9c-%ed%95%98","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%ea%b5%ad-52%ec%a3%bc%eb%ac%bc-%ea%b5%ad%ec%b1%84-%ec%9e%85%ec%b0%b0%ec%97%90%ec%84%9c-%ec%88%98%ec%9d%b5%eb%a5%a0%ec%9d%b4-%ec%9d%b4%ec%a0%84-3-39%ec%97%90%ec%84%9c-3-345%eb%a1%9c-%ed%95%98\/","title":{"rendered":"\ubbf8\uad6d 52\uc8fc\ubb3c \uad6d\ucc44 \uc785\ucc30\uc5d0\uc11c \uc218\uc775\ub960\uc774 \uc774\uc804 3.39%\uc5d0\uc11c 3.345%\ub85c \ud558\ub77d\ud588\ub2e4."},"content":{"rendered":"\ubbf8\uad6d\uc740 52\uc8fc \ub9cc\uae30 \uad6d\ucc44(Treasury bill, **1\ub144 \ub9cc\uae30 \ub2e8\uae30 \uc815\ubd80\ucc44**) \uc785\ucc30\uc744 \uc9c4\ud589\ud588\uc73c\uba70, \uc218\uc775\ub960(\ucc44\uad8c\uc744 \uc0ac\uc11c \ub9cc\uae30\uae4c\uc9c0 \ubcf4\uc720\ud560 \ub54c\uc758 **\uc5f0\uac04 \uc774\uc790 \uc218\uc900**)\uc740 **3.345%**\uc600\uc2b5\ub2c8\ub2e4. \uc774\uc804 \uc785\ucc30 \uc218\uc775\ub960\uc740 **3.39%**\uc600\uc2b5\ub2c8\ub2e4.\n\n\uc774\ubc88 \uc218\uc775\ub960\uc740 \uc774\uc804 \uacb0\uacfc\ubcf4\ub2e4 **0.045%\ud3ec\uc778\ud2b8** \ub0ae\uc2b5\ub2c8\ub2e4. \uc989, \uc9c0\ub09c\ubc88 \ud310\ub9e4\ubcf4\ub2e4 \uc785\ucc30 \uae08\ub9ac\uac00 \uc18c\ud3ed \ub0b4\ub824\uac14\ub2e4\ub294 \ub73b\uc785\ub2c8\ub2e4.\n\n

\ub0ae\uc740 \uc218\uc775\ub960\uc740 \uae08\ub9ac \uc778\ud558 \uae30\ub300\ub97c \uc2dc\uc0ac<\/h3>\n\uc774\ubc88 52\uc8fc\ubb3c \uc785\ucc30\uc5d0\uc11c \uc218\uc775\ub960\uc774 \ub0b4\ub824\uac04 \uac83\uc740, \uc2dc\uc7a5\uc774 \uc55e\uc73c\ub85c 1\ub144 \ub3d9\uc548 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Federal Reserve, **\ubbf8\uad6d \uc911\uc559\uc740\ud589**)\uc758 \uae08\ub9ac \uc778\ud558\ub97c \ub354 \uac15\ud558\uac8c \ubc18\uc601\ud558\uace0 \uc788\ub2e4\ub294 \uc2e0\ud638\uc785\ub2c8\ub2e4. \uc774\ub294 \ucd5c\uadfc \uacf5\uac1c\ub41c **2026\ub144 1\uc6d4 CPI(Consumer Price Index, \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218)** \ubcf4\uace0\uc11c\uc640\ub3c4 \ub9de\ubb3c\ub9bd\ub2c8\ub2e4. \ud574\ub2f9 \ubcf4\uace0\uc11c\uc5d0\uc11c\ub294 **\uadfc\uc6d0\ubb3c\uac00(core inflation, \uc2dd\ub8cc\ud488\u00b7\uc5d0\ub108\uc9c0\ucc98\ub7fc \ubcc0\ub3d9\uc774 \ud070 \ud56d\ubaa9\uc744 \ube80 \ubb3c\uac00)**\uac00 \uc5f0\uac04 **2.8%**\ub85c \ub0ae\uc544\uc84c\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c \ub354 \ub0ae\uc740 \uae08\ub9ac \ud658\uacbd\uc744 \uc608\uc0c1\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc774\ub294 \uae08\ub9ac\uac00 \ub0b4\ub824\uac08 \ub54c \uc774\uc775\uc774 \ub098\uae30 \uc26c\uc6b4 \uae08\ub9ac \uad00\ub828 \uc120\ubb3c(interest rate futures, **\ubbf8\ub798\uc758 \uae08\ub9ac\ub97c \uae30\uc900\uc73c\ub85c \uac70\ub798\ud558\ub294 \uacc4\uc57d**)\uc744 \ub9e4\uc218\ud558\ub294 \uc804\ub7b5\uc744 \ub4b7\ubc1b\uce68\ud569\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4 **2026\ub144 12\uc6d4 SOFR \uacc4\uc57d**\uc774 \uc788\uc2b5\ub2c8\ub2e4. SOFR(Secured Overnight Financing Rate, **\ubbf8\uad6d \ub2ec\ub7ec \uae30\uc900\uc758 \ub300\ud45c \ub2e8\uae30 \uae08\ub9ac**)\uc740 \uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488\uc5d0\uc11c \ub110\ub9ac \uc4f0\uc774\ub294 \uae30\uc900 \uae08\ub9ac\uc785\ub2c8\ub2e4. \ub610\ud55c CME FedWatch \ub3c4\uad6c(**\uc2dc\uc7a5 \uac00\uaca9\uc744 \ubc14\ud0d5\uc73c\ub85c \ud5a5\ud6c4 \uae30\uc900\uae08\ub9ac \ubcc0\ud654\ub97c \ud655\ub960\ub85c \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c**)\ub294 2026\ub144 6\uc6d4 \ud68c\uc758\uc5d0\uc11c \uae08\ub9ac \uc778\ud558 \ud655\ub960\uc774 **75% \uc774\uc0c1**\uc774\ub77c\uace0 \ubcf4\uc5ec\uc8fc\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 2025\ub144 \ub9d0\uc758 \ubd84\uc704\uae30\uc640 \ube44\uad50\ud558\uba74 \ud070 \ubcc0\ud654\uc785\ub2c8\ub2e4.\n\n\uc8fc\uc2dd \uce21\uba74\uc5d0\uc11c\ub294, \uc774 \ud658\uacbd\uc774 \uae08\ub9ac\uc5d0 \ubbfc\uac10\ud55c \uae30\uc220\uc8fc\uc640 \uc131\uc7a5\uc8fc\uc5d0 \uc720\ub9ac\ud569\ub2c8\ub2e4. \uae08\ub9ac\uac00 \ub0b4\ub824\uac00\uba74 \ud560\uc778\uc728(discount rate, **\ubbf8\ub798\uc758 \uc774\uc775\uc744 \ud604\uc7ac \uac00\uce58\ub85c \ud658\uc0b0\ud560 \ub54c \uc4f0\ub294 \uae08\ub9ac**)\uc774 \ub0ae\uc544\uc838 \uae30\uc5c5 \uac00\uce58 \ud3c9\uac00\uc5d0 \ub3c4\uc6c0\uc774 \ub418\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \uc6b0\ub9ac\ub294 \uc774\ub97c \ub098\uc2a4\ub2e5 100 \uc9c0\uc218(NDX, **\ubbf8\uad6d \ub300\ud615 \uae30\uc220\uc8fc \uc911\uc2ec \uc9c0\uc218**)\uc758 \ucf5c\uc635\uc158(call option, **\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac**)\uc744 \ub9e4\uc218\ud560 \uae30\ud68c\ub85c \ubd05\ub2c8\ub2e4. \ub610\ud55c \ucd5c\uadfc \uace0\uc6a9 \ubcf4\uace0\uc11c\uc5d0\uc11c \uc77c\uc790\ub9ac \uc99d\uac00\uac00 **15\ub9cc \uba85**\uc5d0 \uadf8\uce58\ub294 \ub4f1 \ub178\ub3d9\uc2dc\uc7a5\uc774 \ub454\ud654\ub418\uace0 \uc788\uc5b4, \uacbd\uae30 \ub454\ud654\ub85c \ub354 \uc26c\uc6b4 \ud1b5\ud654\uc815\ucc45(\uc27d\uac8c \ub9d0\ud574 **\uae08\ub9ac \uc778\ud558 \uac19\uc740 \uc644\ud654 \uc815\ucc45**)\uc774 \ud544\uc694\ud574\uc9c8 \uac00\ub2a5\uc131\uc744 \ub4b7\ubc1b\uce68\ud569\ub2c8\ub2e4.\n\n\ud5a5\ud6c4 \uae08\ub9ac \uc778\ud558 \uae30\ub300\ub294, \ub2e4\ub978 \ud1b5\ud654\uc640\uc758 \uc218\uc775\ub960 \uaca9\ucc28(yield differential, **\ud1b5\ud654 \uac04 \uae08\ub9ac \ucc28\uc774**)\uac00 \uc904\uba74\uc11c \ub2ec\ub7ec\uc5d0 \ud558\ub77d \uc555\ub825\uc744 \uc904 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \uad00\uc810\uc740 \ub2ec\ub7ec \ucd94\uc885 ETF(ETF, **\uc8fc\uc2dd\ucc98\ub7fc \uac70\ub798\ub418\ub294 \ud380\ub4dc**)\uc758 \ud48b\uc635\uc158(put option, **\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac**) \ub9e4\uc218\ub85c \ud45c\ud604\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 2025\ub144 \ub300\ubd80\ubd84 \uae30\uac04 \ub3d9\uc548, \uc5f0\uc900\uc774 \uc11c\ube44\uc2a4 \ubb3c\uac00\ub97c \uc7a1\uae30 \uc704\ud574 \uae08\ub9ac\ub97c \uc720\uc9c0\ud558\uba74\uc11c \ub2ec\ub7ec\uac00 \uac15\ud588\ub358 \ud750\ub984\uacfc \ub300\ube44\ub429\ub2c8\ub2e4.\n\n\uc815\ucc45 \ubc29\ud5a5\uc774 \ub354 \ubd84\uba85\ud574\uc9c0\uba74, \uc2dc\uc7a5\uc758 \ubcc0\ub3d9\uc131(volatility, **\uac00\uaca9\uc774 \ud06c\uac8c \uc624\ub974\ub0b4\ub9ac\ub294 \uc815\ub3c4**)\ub3c4 \uc804\ubc18\uc801\uc73c\ub85c \ub0ae\uc544\uc9c8 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc2dc\uc7a5\uc774 \ub354 \uc608\uce21 \uac00\ub2a5\ud55c \uc5f0\uc900\uc758 \uacbd\ub85c\ub97c \ubc1b\uc544\ub4e4\uc774\uba74 \ud22c\uc790 \uc2ec\ub9ac\uac00 \uc9c4\uc815\ub418\ub294 \uacbd\ud5a5\uc774 \uc788\uc2b5\ub2c8\ub2e4. \uc774\uc5d0 \ub530\ub77c VIX \uc120\ubb3c(VIX futures, **\ubcc0\ub3d9\uc131 \uc9c0\uc218\uc5d0 \ub300\ud55c \uc120\ubb3c**)\uc744 \ub9e4\ub3c4\ud558\uac70\ub098, \uc9c0\uc218\uc5d0 \ucf5c\uc635\uc158\uc744 \ub9e4\ub3c4\ud574 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\ub294 \ubc29\uc2dd\ub3c4 \uc774 \ubd88\ud655\uc2e4\uc131 \uac10\uc18c\uc5d0 \ub300\ube44\ud558\ub294 \ubc29\ubc95\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n

\ubcc0\ub3d9\uc131 \ud558\ub77d\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n\n\n

VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c \uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

52\uc8fc \u7f8e\uad6d\ucc44 \uc218\uc775\ub960 3.345%\ub85c \ud558\ub77d\u2014\ubb34\uc2a8 \uc2e0\ud638\uc77c\uae4c? \uc778\ud50c\ub808 \ub454\ud654\u00b7\uace0\uc6a9 \ub0c9\uac01 \uc18d \uc5f0\uc900 \uae08\ub9ac\uc778\ud558 \uae30\ub300 \ud655\ub300. SOFR \ub9e4\uc218, \ub098\uc2a4\ub2e5 \ucf5c, \ub2ec\ub7ec \ud48b, VIX \ub9e4\ub3c4\ub85c \ub300\uc751. – vtmarkets.com<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-38517","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\/kr-asia\/wp-json\/wp\/v2\/posts\/38517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=38517"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/38517\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=38517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=38517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=38517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}