{"id":39704,"date":"2026-03-05T19:44:50","date_gmt":"2026-03-05T19:44:50","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/1%ec%9b%94-%eb%af%b8%ea%b5%ad%ec%9d%98-%ec%97%b0%ea%b0%84-%ec%88%98%ec%9e%85%eb%ac%bc%ea%b0%80%ec%a7%80%ec%88%98%eb%8a%94-%ec%a0%84%ec%9b%94-0%ec%97%90%ec%84%9c-0-1%eb%a1%9c-%ed%95%98%eb%9d%bd\/"},"modified":"2026-03-05T19:44:50","modified_gmt":"2026-03-05T19:44:50","slug":"1%ec%9b%94-%eb%af%b8%ea%b5%ad%ec%9d%98-%ec%97%b0%ea%b0%84-%ec%88%98%ec%9e%85%eb%ac%bc%ea%b0%80%ec%a7%80%ec%88%98%eb%8a%94-%ec%a0%84%ec%9b%94-0%ec%97%90%ec%84%9c-0-1%eb%a1%9c-%ed%95%98%eb%9d%bd","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/1%ec%9b%94-%eb%af%b8%ea%b5%ad%ec%9d%98-%ec%97%b0%ea%b0%84-%ec%88%98%ec%9e%85%eb%ac%bc%ea%b0%80%ec%a7%80%ec%88%98%eb%8a%94-%ec%a0%84%ec%9b%94-0%ec%97%90%ec%84%9c-0-1%eb%a1%9c-%ed%95%98%eb%9d%bd\/","title":{"rendered":"1\uc6d4 \ubbf8\uad6d\uc758 \uc5f0\uac04 \uc218\uc785\ubb3c\uac00\uc9c0\uc218\ub294 \uc804\uc6d4 0%\uc5d0\uc11c -0.1%\ub85c \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4."},"content":{"rendered":"\ubbf8\uad6d **\uc218\uc785\ubb3c\uac00\uc9c0\uc218(Import Price Index, \uc218\uc785\ud488 \uac00\uaca9 \uc9c0\uc218)**\ub294 1\uc6d4\uc5d0 **\uc804\ub144 \ub300\ube44 0.1% \ud558\ub77d**\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uc774\uc804 \ubc1c\ud45c\uce58\uc778 **0%**\uc5d0\uc11c \ub0b4\ub824\uac04 \uc218\uce58\uc785\ub2c8\ub2e4.\n\n\uc774 \ubcc0\ud654\ub294 **\uc218\uc785\ud488 \uac00\uaca9\uc774 1\ub144 \uc804\ubcf4\ub2e4 \uc57d\uac04 \ub0ae\uc544\uc84c\uc74c**\uc744 \ub73b\ud569\ub2c8\ub2e4. \ub610\ud55c \uc9c0\ub09c\ub2ec\uc758 **\ubcc0\ub3d9 \uc5c6\uc74c(0%)**\uc5d0\uc11c \uc774\ubc88\uc5d0\ub294 **\ub9c8\uc774\ub108\uc2a4(\ud558\ub77d)**\ub85c \uc804\ud658\ub410\uc2b5\ub2c8\ub2e4.\n\n<h3>\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9) \ud750\ub984\uc5d0 \ub300\ud55c \uc2dc\uc0ac\uc810<\/h3>\n1\uc6d4 \uc218\uc785\ubb3c\uac00\uac00 \uc804\ub144 \ub300\ube44 -0.1%\ub85c \ub0b4\ub824\uac04 \uac83\uc740 **\ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158(disinflation, \ubb3c\uac00\uac00 \uc624\ub974\uae34 \ud558\uc9c0\ub9cc \uc0c1\uc2b9 \uc18d\ub3c4\uac00 \ub454\ud654\ub418\uac70\ub098, \ubb3c\uac00 \uc555\ub825\uc774 \uc57d\ud574\uc9c0\ub294 \ud604\uc0c1)** \ud750\ub984\uc774 \ub354 \uac15\ud574\uc9c0\uace0 \uc788\uc74c\uc744 \ud655\uc778\ud574 \uc90d\ub2c8\ub2e4. \uc774\ub294 **\ud574\uc678\ubc1c(\uc218\uc785\uc744 \ud1b5\ud574 \ub4e4\uc5b4\uc624\ub294) \uac00\uaca9 \uc555\ub825**\uc774 \uc0ac\uc2e4\uc0c1 \uc0ac\ub77c\uc84c\ub2e4\ub294 \ub73b\uc774\uba70, 2025\ub144 \ub0b4\ub0b4 \uc774\uc5b4\uc84c\ub358 **\uc778\ud50c\ub808\uc774\uc158\uc774 \uacc4\uc18d \uace0\ucc29\ub420 \uac83**\uc774\ub77c\ub294 \uad00\uc810\uc5d0 \uc758\ubb38\uc744 \uc81c\uae30\ud569\ub2c8\ub2e4. \uc218\uc785\ubb3c\uac00\ub294 \uc774\ud6c4 \ubc1c\ud45c\ub418\ub294 **\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(CPI, Consumer Price Index: \uc18c\ube44\uc790\uac00 \uc0ac\ub294 \ub300\ud45c \uc0c1\ud488\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9\uc758 \ubcc0\ud654\ub97c \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c)** \uac19\uc740 \ub354 \ud070 \ubb3c\uac00 \uc9c0\ud45c\ub97c \uc55e\uc11c \ubcf4\uc5ec\uc8fc\ub294 **\uc120\ud589 \uc2e0\ud638(leading indicator, \uc55e\uc73c\ub85c\uc758 \ud750\ub984\uc744 \uba3c\uc800 \ube44\ucd94\ub294 \uc9c0\ud45c)**\ub85c \ubcfc \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc774\ubc88 \uc218\uce58\ub294 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed, \ubbf8\uad6d\uc758 \uc911\uc559\uc740\ud589)\uac00 \ud5a5\ud6c4 \ud68c\uc758\uc5d0\uc11c \uae08\ub9ac\ub97c \uc5b4\ub5bb\uac8c \uacb0\uc815\ud560\uc9c0 \uacc4\uc0b0\ud560 \ub54c \ubc14\ub85c \ubc18\uc601\ub420 \uac83\uc785\ub2c8\ub2e4. \ud604\uc7ac **\uc5f0\ubc29\uae30\uae08\uae08\ub9ac \uc120\ubb3c(Fed funds futures, \uae30\uc900\uae08\ub9ac \uc804\ub9dd\uc744 \ubc18\uc601\ud558\ub294 \uc120\ubb3c \uc0c1\ud488)** \uc2dc\uc7a5\uc5d0\uc11c\ub294 2026\ub144 6\uc6d4 \ud68c\uc758\uc5d0\uc11c **\uae08\ub9ac \uc778\ud558 \ud655\ub960\uc774 60%\ub97c \ub118\ub294 \uac83**\uc73c\ub85c \ubc18\uc601\ub418\uace0 \uc788\ub294\ub370, \uc774\ub294 \ud55c \ub2ec \uc804 **45%**\uc5d0\uc11c \ud06c\uac8c \ub192\uc544\uc9c4 \uac83\uc785\ub2c8\ub2e4. **\ud1b5\ud654 \uc644\ud654(monetary easing, \uae08\ub9ac\ub97c \ub0b4\ub9ac\uac70\ub098 \ub3c8\uc774 \ub3cc\uae30 \uc27d\uac8c \ub9cc\ub4dc\ub294 \uc815\ucc45)** \uae30\ub300\uac00 \ube68\ub77c\uc9c0\ub294 \uc810\uc774 \uc55e\uc73c\ub85c \uba87 \uc8fc\uac04 \uc804\ub7b5\uc758 \ud575\uc2ec \uc694\uc778\uc785\ub2c8\ub2e4.\n\n\uae08\ub9ac \ud558\ub77d\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc158\uc740 **\ubbf8\uad6d \uad6d\ucc44 \uc120\ubb3c(Treasury futures, \ubbf8\uad6d \uad6d\ucc44 \uac00\uaca9\uc744 \uac70\ub798\ud558\ub294 \uc120\ubb3c)**\uc774\ub098 **\uae08\ub9ac\uc5d0 \ubbfc\uac10\ud55c ETF(\uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc)**\uc758 **\ud30c\uc0dd\uc0c1\ud488(derivatives, \ud2b9\uc815 \uc790\uc0b0 \uac12\uc5d0 \ub530\ub77c \uac00\uaca9\uc774 \uc6c0\uc9c1\uc774\ub294 \uae08\uc735\uc0c1\ud488)**\uc744 \ud1b5\ud574 \uace0\ub824\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. **iShares 20+ Year Treasury Bond ETF(TLT, \ub9cc\uae30 20\ub144 \uc774\uc0c1 \ubbf8\uad6d \uad6d\ucc44\uc5d0 \ud22c\uc790\ud558\ub294 ETF)**\uc5d0\uc11c **\ucf5c \uc2a4\ud504\ub808\ub4dc(call spread, \ub354 \ub0ae\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uc744 \uc0ac\uace0 \ub354 \ub192\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uc744 \ud30c\ub294 \uc870\ud569\uc73c\ub85c \ube44\uc6a9\uacfc \uc218\uc775\uc744 \uc81c\ud55c\ud558\ub294 \uc804\ub7b5)**\ub97c \ub9e4\uc218\ud558\uba74 **\uc190\uc2e4\uc744 \uc81c\ud55c(defined-risk, \ucd5c\ub300 \uc190\uc2e4\uc774 \uc815\ud574\uc9d0)**\ud558\uba74\uc11c **\uae08\ub9ac \ud558\ub77d(\ucc44\uad8c \uc218\uc775\ub960 \ud558\ub77d)**\uc5d0 \ubca0\ud305\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ucc44\uad8c\uc2dc\uc7a5 \ubcc0\ub3d9\uc131\uc740 **MOVE \uc9c0\uc218(MOVE index, \uad6d\ucc44 \uae08\ub9ac \ubcc0\ub3d9\uc131\uc758 \ud06c\uae30\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c)**\ub85c \uce21\uc815\ud558\ub294\ub370, 2025\ub144 \ub9d0 \uae09\ub4f1 \uc774\ud6c4 100 \uc544\ub798\ub85c \ub0b4\ub824\uc624\uba74\uc11c **\uc635\uc158(\ud2b9\uc815 \uac00\uaca9\uc5d0 \ub9e4\uc218\u00b7\ub9e4\ub3c4\ud560 \uad8c\ub9ac) \uac00\uaca9**\uc774 \uc774\uc804\ubcf4\ub2e4 \ubd80\ub2f4\uc774 \ub35c\ud55c \ud3b8\uc785\ub2c8\ub2e4.\n\n\uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc774\ub7f0 \ud658\uacbd\uc774 \uae08\ub9ac\uc5d0 \ubbfc\uac10\ud55c **\uc131\uc7a5\uc8fc\u00b7\uae30\uc220\uc8fc**\uc5d0 \uc720\ub9ac\ud558\uac8c \uc791\uc6a9\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub610\ud55c **\ub098\uc2a4\ub2e5100 ETF(QQQ, \ub098\uc2a4\ub2e5100 \uc9c0\uc218\ub97c \ucd94\uc885\ud558\ub294 ETF)**\uc5d0\uc11c **\uc678\uac00\uaca9(out-of-the-money, \ud604\uc7ac \uac00\uaca9\ubcf4\ub2e4 \ub354 \ubd88\ub9ac\ud55c \ud589\uc0ac\uac00\uc758) \ud48b\uc635\uc158(\uac00\uaca9 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uad8c\ub9ac)**\uc744 \ub9e4\ub3c4\ud574 **\ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac00\uaca9, \ubc1b\ub294 \uc218\uc218\ub8cc\ucc98\ub7fc \ub4e4\uc5b4\uc624\ub294 \ub3c8)**\uc744 \ud655\ubcf4\ud558\ub294 \uc804\ub7b5\ub3c4 \uace0\ub824\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac00 \uc9c0\uc218 \ud558\ub2e8\uc744 \uc9c0\uc9c0\ud560 \uac83\uc774\ub77c\ub294 \uac00\uc815\uc5d0 \uae30\ubc18\ud569\ub2c8\ub2e4. \ucd5c\uadfc \ub370\uc774\ud130\uc5d0\uc11c 2025\ub144 4\ubd84\uae30 **\ube44\ub18d\uc5c5 \uc0dd\uc0b0\uc131(non-farm productivity, \ub18d\uc5c5\uc744 \uc81c\uc678\ud55c \ubd80\ubb38\uc5d0\uc11c \ub178\ub3d9 1\ub2e8\uc704\ub85c \ub9cc\ub4e4\uc5b4\ub0b4\ub294 \uc0dd\uc0b0\ub7c9)**\uc774 3.1% \uc99d\uac00\ud55c \uac83\uc73c\ub85c \ub098\ud0c0\ub0ac\ub294\ub370, \uc774\ub294 \ubb3c\uac00 \uc555\ub825\uc774 \ub454\ud654\ub418\ub354\ub77c\ub3c4 \uae30\uc5c5\uc774 **\uc774\uc775\ub960(margins, \ub9e4\ucd9c\uc5d0\uc11c \ube44\uc6a9\uc744 \ube80 \ub0a8\ub294 \ube44\uc728)**\uc744 \ubc29\uc5b4\ud560 \uc5ec\uc9c0\uac00 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4.\n\n<h3>\ub2ec\ub7ec \uc804\ub9dd\uacfc \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n\uc774\ubc88 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158 \uc2e0\ud638\ub294 **\ubbf8\uad6d \ub2ec\ub7ec \uc57d\uc138** \uac00\ub2a5\uc131\ub3c4 \ub73b\ud569\ub2c8\ub2e4. \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac00 \ucee4\uc9c0\uba74 \ub2ec\ub7ec\uac00 \uac00\uc9c0\ub294 **\uae08\ub9ac \ub9e4\ub825(\uc218\uc775\ub960 \uc6b0\uc704)**\uc774 \uc904\uc5b4\ub4e4\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \ub2e8\uc21c\ud55c \ubc29\ubc95\uc73c\ub85c\ub294 **\ub2ec\ub7ec \ucd94\uc885 ETF**\uc778 **UUP** \uac19\uc740 \uc0c1\ud488\uc5d0\uc11c **\ud48b\uc635\uc158**\uc744 \ub9e4\uc218\ud558\ub294 \uc804\ub7b5\uc774 \uc788\uc2b5\ub2c8\ub2e4. 2023~2024\ub144\uc758 \uc774\uc804 \uc5f0\uc900 \uc815\ucc45 \uc804\ud658 \uad6c\uac04\uc5d0\uc11c\ub3c4 \uc2dc\uc7a5\uc774 \uae08\ub9ac \uc778\ud558\uac00 \uac00\uae4c\uc6cc\uc84c\ub2e4\uace0 \ud655\uc2e0\ud558\uc790 **\ub2ec\ub7ec\uc778\ub371\uc2a4(DXY, \uc5ec\ub7ec \uc8fc\uc694 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec\uc758 \uac15\ub3c4\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218)**\uac00 \uac70\uc758 5% \ud558\ub77d\ud55c \uc0ac\ub840\uac00 \uc788\uc5c8\uc2b5\ub2c8\ub2e4.\n\n\ub2e4\ub9cc 2\uc6d4\uc5d0 \ubc1c\ud45c\ub420 \uace0\uc6a9\u00b7\ubb3c\uac00 \ubcf4\uace0\uc11c\uc5d0\ub294 \uacc4\uc18d \uc8fc\uc758\uac00 \ud544\uc694\ud569\ub2c8\ub2e4. 2024\ub144 \ucd08\ub97c \ubcf4\uba74 **\uadfc\uc6d0 \uc11c\ube44\uc2a4 \ubb3c\uac00(core services inflation, \ubcc0\ub3d9\uc774 \ud070 \ud56d\ubaa9\uc744 \uc81c\uc678\ud558\uace0 \uc11c\ube44\uc2a4 \ubd80\ubb38\uc758 \ubb3c\uac00 \ud750\ub984\uc744 \ubcf8 \uac83)**\uac00 \uc608\uc0c1\ubcf4\ub2e4 \uc798 \ub0b4\ub824\uac00\uc9c0 \uc54a\uc544 \uc5f0\uc900\uc774 \uae08\ub9ac \uc778\ud558\ub97c \ubbf8\ub8e8\uc5c8\ub358 \uc804\ub840\uac00 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ubc88\uc5d0\ub3c4 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uc740(\ub728\uac70\uc6b4) \uc9c0\ud45c\uac00 \ub098\uc624\uba74 \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac00 \ube60\ub974\uac8c \uaebe\uc77c \uc218 \uc788\uc73c\ubbc0\ub85c, **\ub9cc\uae30\uac00 \uae34 \ucc44\uad8c \uad00\ub828 \uac70\ub798(\uc7a5\uae30\ubb3c, long-duration)**\ub294 \ud2b9\ud788 \uc2e0\uc911\ud558\uac8c \uad00\ub9ac\ud574\uc57c \ud569\ub2c8\ub2e4.\n\n<!-- wp:paragraph-->\n<p><b>VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\ubbf8\uad6d \uc218\uc785\ubb3c\uac00\uc9c0\uc218, \ub4dc\ub514\uc5b4 \uc5ed\uc131\uc7a5! 1\uc6d4 \uc804\ub144\ube44 -0.1%\ub85c \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158\uc774 \uac15\ud654\ub418\uba70 2026\ub144 6\uc6d4 \uae08\ub9ac\uc778\ud558 \uae30\ub300\uac00 60% \uc774\uc0c1\uc73c\ub85c \uc0c1\uc2b9. \ucc44\uad8c\u00b7\uc131\uc7a5\uc8fc \uc218\ud61c, \ub2ec\ub7ec \uc57d\uc138 \uac00\ub2a5\uc131 \ucee4\uc9d0. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":103,"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-39704","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\/39704","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\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=39704"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/39704\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=39704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=39704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=39704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}