{"id":40441,"date":"2026-03-11T00:45:54","date_gmt":"2026-03-11T00:45:54","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%af%b8%ea%b5%ad-3%eb%85%84%eb%ac%bc-%ea%b5%ad%ec%b1%84-%ec%9e%85%ec%b0%b0-%ec%88%98%ec%9d%b5%eb%a5%a0%ec%9d%b4-3-579%eb%a1%9c-%ec%83%81%ec%8a%b9%ed%96%88%ec%9c%bc%eb%a9%b0-%ec%9d%b4%ec%a0%84\/"},"modified":"2026-03-11T00:45:54","modified_gmt":"2026-03-11T00:45:54","slug":"%eb%af%b8%ea%b5%ad-3%eb%85%84%eb%ac%bc-%ea%b5%ad%ec%b1%84-%ec%9e%85%ec%b0%b0-%ec%88%98%ec%9d%b5%eb%a5%a0%ec%9d%b4-3-579%eb%a1%9c-%ec%83%81%ec%8a%b9%ed%96%88%ec%9c%bc%eb%a9%b0-%ec%9d%b4%ec%a0%84","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%ea%b5%ad-3%eb%85%84%eb%ac%bc-%ea%b5%ad%ec%b1%84-%ec%9e%85%ec%b0%b0-%ec%88%98%ec%9d%b5%eb%a5%a0%ec%9d%b4-3-579%eb%a1%9c-%ec%83%81%ec%8a%b9%ed%96%88%ec%9c%bc%eb%a9%b0-%ec%9d%b4%ec%a0%84\/","title":{"rendered":"\ubbf8\uad6d 3\ub144\ubb3c \uad6d\ucc44 \uc785\ucc30 \uc218\uc775\ub960\uc774 3.579%\ub85c \uc0c1\uc2b9\ud588\uc73c\uba70, \uc774\uc804 \uc785\ucc30\uc5d0\uc11c\ub294 3.518%\ub97c \uae30\ub85d\ud588\ub2e4."},"content":{"rendered":"\ubbf8\uad6d \uc7ac\ubb34\ubd80\ub294 **\ub9cc\uae30 3\ub144 \uad6d\ucc44(3-year notes)**\ub97c \uacbd\ub9e4\ub85c \ubc1c\ud589\ud588\uc73c\uba70, \uc774\ubc88 \uacbd\ub9e4\uc758 **\ucd5c\uace0 \uc218\uc775\ub960(high yield, \ub099\ucc30 \uc218\uc775\ub960)**\uc740 **3.579%**\uc600\uc2b5\ub2c8\ub2e4. \uc774\uc804\uc5d0 \uac19\uc740 \ub9cc\uae30\uc758 \ube44\uc2b7\ud55c \uacbd\ub9e4\ub294 **3.518%**\uc5d0\uc11c \ub099\ucc30\ub418\uc5c8\uc2b5\ub2c8\ub2e4.\n\n\uc774\ubc88 \uacbd\ub9e4 \uc218\uc775\ub960\uc740 \uc774\uc804 \uacb0\uacfc\ubcf4\ub2e4 **0.061%\ud3ec\uc778\ud2b8(percentage points, \u2018\ud37c\uc13c\ud2b8\u2019\uac00 \uc544\ub2c8\ub77c \ub450 \ube44\uc728 \uc0ac\uc774\uc758 \u2018\ucc28\uc774\u2019)** \ub354 \ub192\uc558\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uc9c0\ub09c \uacbd\ub9e4\uc640 \ube44\uad50\ud588\uc744 \ub54c, \uc774 \ub9cc\uae30(3\ub144) \uad6d\ucc44\uc758 **\uc218\uc775\ub960 \uc218\uc900**\uc774 \uc62c\ub77c\uac14\ub2e4\ub294 \ub73b\uc785\ub2c8\ub2e4.\n\n

\uc5f0\uc900 \uc815\ucc45 \uae30\ub300\uc5d0 \ub300\ud55c \uc758\ubbf8<\/h3>\n3\ub144\ubb3c \uacbd\ub9e4\uc5d0\uc11c \uc218\uc775\ub960\uc774 \ub354 \ub192\uac8c \ub098\uc628 \uac83\uc740, \uc2dc\uc7a5\uc774 **\ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Federal Reserve, \u2018\uc5f0\uc900\u2019: \ubbf8\uad6d\uc758 \uc911\uc559\uc740\ud589)**\uac00 \uc6b0\ub9ac\uac00 \uae30\ub300\ud588\ub358 \uac83\ub9cc\ud07c **\uae30\uc900\uae08\ub9ac(policy rate, \uc911\uc559\uc740\ud589\uc774 \uc815\ud558\ub294 \ub300\ud45c \uae08\ub9ac)**\ub97c \ud06c\uac8c \ub0b4\ub9b4 \uc218 \uc788\uc744\uc9c0\uc5d0 \ub300\ud574 \ub35c \ud655\uc2e0\ud558\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc90d\ub2c8\ub2e4. \uc218\uc775\ub960\uc774 3.579%\ub85c \uc62c\ub77c\uac04 \uac83\uc740, **\ucc44\uad8c \uac70\ub798\uc790(bond traders, \uad6d\ucc44 \uac19\uc740 \ucc44\uad8c\uc744 \uc0ac\uace0\ud30c\ub294 \uc2dc\uc7a5 \ucc38\uc5ec\uc790)**\ub4e4\uc774 **\uc815\ubd80 \ubd80\ucc44(government debt, \uc815\ubd80\uac00 \ubc1c\ud589\ud55c \uad6d\ucc44)**\ub97c \ubcf4\uc720\ud558\ub294 \ub300\uac00\ub85c \ub354 \ub192\uc740 \ubcf4\uc0c1\uc744 \uc694\uad6c\ud558\uace0 \uc788\ub2e4\ub294 \uc2e0\ud638\uc785\ub2c8\ub2e4. \uc774\ub294 \ucd5c\uadfc 2\uc6d4 **CPI(Consumer Price Index, \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218: \uc18c\ube44\uc790 \ubb3c\uac00 \uc0c1\uc2b9\ub960\uc744 \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c)** \ubcf4\uace0\uc11c\uc5d0\uc11c **\uc778\ud50c\ub808\uc774\uc158(inflation, \ubb3c\uac00\uac00 \uc804\ubc18\uc801\uc73c\ub85c \uc624\ub974\ub294 \ud604\uc0c1)**\uc774 \ub2e4\uc2dc \uc62c\ub77c **3.8%**\ub85c \u2018\uc798 \ub0b4\ub824\uac00\uc9c0 \uc54a\ub294\u2019 \ubaa8\uc2b5\uc774 \ub098\ud0c0\ub09c \uac83\uacfc \ub9de\ubb3c\ub9bd\ub2c8\ub2e4. \uc774 \ud750\ub984\uc740 2025\ub144 \ub9d0\uc758 \uac15\ud55c \uc8fc\uac00 \uc0c1\uc2b9\uc744 \ub4b7\ubc1b\uce68\ud588\ub358 \u201c\ubb3c\uac00\uac00 \uc21c\uc870\ub86d\uac8c \ub0b4\ub824\uac04\ub2e4\u201d\ub294 \uae30\ub300\ub97c \uc57d\ud654\uc2dc\ud0b5\ub2c8\ub2e4.\n\n\uc6b0\ub9ac\ub294 \uc774 \uc2ec\ub9ac \ubcc0\ud654\ub97c \ubc18\uc601\ud574 **\uae08\ub9ac \uc120\ubb3c(interest rate futures, \ubbf8\ub798\uc758 \uae08\ub9ac \uc218\uc900\uc744 \uae30\ucd08\ub85c \uac70\ub798\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488)**\uc744 \uc0b4\ud3b4\ubcfc \ud544\uc694\uac00 \uc788\uc2b5\ub2c8\ub2e4. \uc2dc\uc7a5\uc740 \uc774\ubbf8 \uc62c\ud574 **\uae08\ub9ac \uc778\ud558(rate cuts, \uae30\uc900\uae08\ub9ac \uc778\ud558)** \uc804\ub9dd\uc744 **4\ubc88\uc5d0\uc11c 2\ubc88**\uc73c\ub85c \ub0ae\ucdb0 \ubc18\uc601\ud588\uace0, \uc774\ubc88 \uacbd\ub9e4\ub294 \uadf8 2\ubc88\uc870\ucc28 \ub099\uad00\uc801\uc77c \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4. **2026\ub144 12\uc6d4 SOFR \uc120\ubb3c(December 2026 SOFR futures)**\uc744 **\ub9e4\ub3c4(\uc1fc\ud2b8, shorting: \uac00\uaca9 \ud558\ub77d\uc5d0 \ubca0\ud305)**\ud558\ub294 \uac83\uc740, \uc5f0\uc900\uc774 \uc608\uc0c1\ubcf4\ub2e4 \uc624\ub798 **\uae34\ucd95 \uae30\uc870(tighter policy, \uae08\ub9ac\ub97c \ub192\uac8c \uc720\uc9c0\ud558\uac70\ub098 \ub35c \ub0b4\ub9ac\ub294 \ud1b5\ud654\uc815\ucc45)**\ub97c \uc720\uc9c0\ud560 \uc218 \uc788\ub2e4\ub294 \uc804\ub9dd\uc744 \uc9c1\uc811\uc801\uc73c\ub85c \ud45c\ud604\ud558\ub294 \ubc29\ubc95\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \n– **SOFR(Secured Overnight Financing Rate, \ub2f4\ubcf4\ubd80 \uc775\uc77c \uc790\uae08\uc870\ub2ec\uae08\ub9ac)**: \ubbf8\uad6d \ub2ec\ub7ec \ub2e8\uae30\uae08\ub9ac \uae30\uc900\uc73c\ub85c \uc4f0\uc774\ub294 \ub300\ud45c \uc9c0\ud45c\uc785\ub2c8\ub2e4. \n– **\uc120\ubb3c(futures)**: \ud2b9\uc815 \uc790\uc0b0\uc744 \ubbf8\ub798\uc758 \uc815\ud574\uc9c4 \uc2dc\uc810\uc5d0 \uc815\ud574\uc9c4 \uc870\uac74\uc73c\ub85c \uac70\ub798\ud558\uae30\ub85c \ud558\ub294 \uacc4\uc57d\uc785\ub2c8\ub2e4.\n\n\uc8fc\uc2dd(\ud2b9\ud788 \uc131\uc7a5\uc8fc)\uc5d0\ub294 \uc774\ub7f0 \ud658\uacbd\uc774 \ubd80\ub2f4\uc785\ub2c8\ub2e4. \ud2b9\ud788 **\ud560\uc778\uc728(discount rate, \ubbf8\ub798 \uc774\uc775\uc744 \ud604\uc7ac \uac00\uce58\ub85c \ubc14\uafc0 \ub54c \uc4f0\ub294 \ube44\uc728)**\uc774 \uc624\ub974\uba74, \ubbf8\ub798 \uc131\uc7a5 \uae30\ub300\uac00 \ud070 **\uace0\uc131\uc7a5 \uae30\uc220\uc8fc**\uc758 \uac00\uce58\uac00 \ub354 \ud06c\uac8c \ud754\ub4e4\ub9b4 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc6b0\ub9ac\ub294 **\ub098\uc2a4\ub2e5 100(Nasdaq 100, \ubbf8\uad6d \ub300\ud615 \uae30\uc220\uc8fc \uc911\uc2ec \uc9c0\uc218)**\uc5d0 \ub300\ud55c **\ud48b\uc635\uc158(put options, \uac00\uaca9 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub0a0 \uc218 \uc788\ub294 \uc635\uc158)** \ub9e4\uc218\ub97c \ud1b5\ud574 **\ud5e4\uc9c0(hedge, \uc190\uc2e4\uc744 \uc904\uc774\uae30 \uc704\ud55c \ubc29\uc5b4 \uc218\ub2e8)**\ub97c \uace0\ub824\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. **VIX(VIX index, \uc8fc\uc2dd\uc2dc\uc7a5\uc758 \uc608\uc0c1 \ubcc0\ub3d9\uc131\uc744 \ub098\ud0c0\ub0b4 \u2018\uacf5\ud3ec\uc9c0\uc218\u2019\ub85c\ub3c4 \ubd88\ub9bc)**\uac00 \ud604\uc7ac 14 \uadfc\ucc98\ub85c \ub0ae\uc740 \ud3b8\uc774\ub77c\uba74, **\ubcc0\ub3d9\uc131(volatility, \uac00\uaca9\uc774 \ud06c\uac8c \uc624\ub974\ub0b4\ub9ac\ub294 \uc815\ub3c4)** \uc0c1\ud488\uc744 \ud1b5\ud574 \ud558\ub77d \uc704\ud5d8\uc5d0 \ub300\ube44\ud558\ub294 \ube44\uc6a9\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \ub0ae\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\ubbf8\uad6d \uae08\ub9ac \uae30\ub300\uac00 \ubc14\ub00c\uba74, \ub2ec\ub7ec\ub294 \ub2e4\ub978 \uc8fc\uc694 \ud1b5\ud654 \ub300\ube44 \uac15\ud574\uc9c8 \uac00\ub2a5\uc131\uc774 \ud07d\ub2c8\ub2e4. \ub2ec\ub7ec\ub97c \ubcf4\uc720\ud560 \ub54c\uc758 **\uc218\uc775\ub960 \uc6b0\uc704(yield advantage, \ub354 \ub192\uc740 \uae08\ub9ac\/\uc218\uc775\ub960\ub85c \uc778\ud55c \ub9e4\ub825)**\uac00 \uc720\ub85c \ub300\ube44 \uc774\ubbf8 \ucee4\uc84c\uace0, \uc774\ubc88 \uacbd\ub9e4 \uacb0\uacfc\uac00 \uadf8 \ud750\ub984\uc744 \ub354 \uac15\ud654\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \uad00\uc810\uc740 **\ubbf8\uad6d \ub2ec\ub7ec \uc778\ub371\uc2a4(U.S. Dollar Index, DXY: \uc8fc\uc694 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uac00\uce58 \uc9c0\uc218)**\ub97c **\uc120\ubb3c \ub610\ub294 \uc635\uc158**\uc73c\ub85c **\ub9e4\uc218(\ub871, long position: \uac00\uaca9 \uc0c1\uc2b9\uc5d0 \ubca0\ud305)**\ud574 \ud45c\ud604\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n

\uc7a0\uc7ac\uc801 \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \ub300\uc751<\/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":"

\ubbf8 \uc7ac\ubb34\ubd80 3\ub144\ubb3c \uc785\ucc30 \uc218\uc775\ub960\uc774 3.579%\ub85c \uc774\uc804 3.518%\ubcf4\ub2e4 0.061%p \uc0c1\uc2b9. \uc778\ud50c\ub808 \uc7ac\uac00\uc18d\uc5d0 \uae08\ub9ac\uc778\ud558 \uae30\ub300 \ud6c4\ud1f4, \ub2ec\ub7ec \uac15\uc138\u00b7\ub098\uc2a4\ub2e5 \ubd80\ub2f4 \ud655\ub300. SOFR \uc20f\u00b7\ud48b\uc635\uc158 \ud5e4\uc9c0 \uc81c\uc548. – 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-40441","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\/40441","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=40441"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40441\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=40441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=40441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=40441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}