{"id":40832,"date":"2026-03-13T00:43:28","date_gmt":"2026-03-13T00:43:28","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%af%b8%ea%b5%ad-4%ec%a3%bc%eb%ac%bc-%ea%b5%ad%ec%b1%84%ec%9e%ac%eb%ac%b4%eb%b6%80-%eb%8b%a8%ea%b8%b0%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-%eb%b3%80\/"},"modified":"2026-03-13T00:43:28","modified_gmt":"2026-03-13T00:43:28","slug":"%eb%af%b8%ea%b5%ad-4%ec%a3%bc%eb%ac%bc-%ea%b5%ad%ec%b1%84%ec%9e%ac%eb%ac%b4%eb%b6%80-%eb%8b%a8%ea%b8%b0%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-%eb%b3%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%ea%b5%ad-4%ec%a3%bc%eb%ac%bc-%ea%b5%ad%ec%b1%84%ec%9e%ac%eb%ac%b4%eb%b6%80-%eb%8b%a8%ea%b8%b0%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-%eb%b3%80\/","title":{"rendered":"\ubbf8\uad6d 4\uc8fc\ubb3c \uad6d\ucc44(\uc7ac\ubb34\ubd80 \ub2e8\uae30\ucc44) \uc785\ucc30\uc5d0\uc11c \uc218\uc775\ub960\uc774 \ubcc0\ub3d9 \uc5c6\uc774 3.64%\ub97c \uc720\uc9c0\ud588\ub2e4."},"content":{"rendered":"\ubbf8\uad6d\uc740 4\uc8fc \ub9cc\uae30 \uad6d\ucc44(Treasury bill, \ubbf8 \uc7ac\ubb34\ubd80\uac00 \ubc1c\ud589\ud558\ub294 \ub2e8\uae30 \uad6d\ucc44) \uc785\ucc30(auction, \uc815\ubd80\uac00 \ucc44\uad8c\uc744 \ud314\uc544 \uc790\uae08\uc744 \uc870\ub2ec\ud560 \ub54c \uae08\ub9ac\ub97c \uc815\ud574 \ud310\ub9e4\ud558\ub294 \uc808\ucc28)\uc744 \uc2e4\uc2dc\ud588\uc73c\uba70, \ucd5c\uace0 \uae08\ub9ac(high rate, \ub099\ucc30\ub41c \ucc44\uad8c \uc911 \uac00\uc7a5 \ub192\uc740 \uae08\ub9ac)\uac00 3.64%\ub85c \ubcc0\ub3d9\uc774 \uc5c6\uc5c8\uc2b5\ub2c8\ub2e4.\n\n\uc774 \uacb0\uacfc\ub294 \uc785\ucc30 \uc218\uc775\ub960(yield, \ucc44\uad8c\uc744 \ubcf4\uc720\ud560 \ub54c \uae30\ub300\ud560 \uc218 \uc788\ub294 \uc5f0\uac04 \uae30\uc900\uc758 \uc218\uc775\ub960) \uc218\uc900\uc774 \uc9c1\uc804\uc758 \ube44\uc2b7\ud55c \uc218\uce58\uc640 \uac19\uc558\ub2e4\ub294 \ub73b\uc785\ub2c8\ub2e4.\n\n<h3>\ub2e8\uae30 \uae08\ub9ac \uae30\ub300<\/h3>\n4\uc8fc\ubb3c \uc785\ucc30 \uae08\ub9ac\uac00 3.64%\ub85c \uadf8\ub300\ub85c\ub77c\ub294 \uc810\uc740 \ub2e8\uae30 \uae08\ub9ac \uae30\ub300\uac00 \uace0\uc815\ub3fc \uc788\uace0 \uc548\uc815\uc801\uc774\ub77c\ub294 \ub73b\uc785\ub2c8\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc774 \uac00\uae4c\uc6b4 \uc2dc\uae30\uc5d0 \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Federal Reserve, \ubbf8\uad6d\uc758 \uc911\uc559\uc740\ud589)\uac00 \uae08\ub9ac\ub97c \uac11\uc790\uae30 \ubc14\uafc0 \uac83\uc73c\ub85c \ubcf4\uc9c0 \uc54a\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \ubcc0\ub3d9\uc131 \ub9e4\ub3c4(selling volatility, \uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\uc9c0 \uc54a\uc744 \uac83\uc5d0 \ubca0\ud305\ud558\uba70 \uc635\uc158\uc744 \ud314\uc544 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\ub294 \uc804\ub7b5)\uac00 \uc55e\uc73c\ub85c \uba87 \uc8fc \ub3d9\uc548 \uc720\ub9ac\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc774 \uc804\ub9dd\uc740 \ucd5c\uadfc \uacbd\uc81c \uc9c0\ud45c\ub85c\ub3c4 \ub4b7\ubc1b\uce68\ub429\ub2c8\ub2e4. \uc9c0\ub09c\uc8fc \uace0\uc6a9\ubcf4\uace0\uc11c\ub294 \ube44\ub18d\uc5c5 \uace0\uc6a9\uc790 \uc218(payroll, \uae30\uc5c5\u00b7\uc815\ubd80 \ub4f1\uc774 \uace0\uc6a9\ud55c \uc778\uc6d0 \ubcc0\ud654)\uc774 19\ub9cc 5\ucc9c \uba85 \ub298\uba70 \uc548\uc815\uc801\uc778 \uc99d\uac00\ub97c \ubcf4\uc600\uace0, \ubb3c\uac00\ub97c \ud06c\uac8c \uc790\uadf9\ud558\uc9c0 \uc54a\ub294 \uc131\uc7a5(non-inflationary expansion, \uc778\ud50c\ub808\uc774\uc158\uc744 \ub192\uc774\uc9c0 \uc54a\ub294 \uc218\uc900\uc758 \uacbd\uae30 \ud655\uc7a5)\uacfc \ub9de\ubb3c\ub838\uc2b5\ub2c8\ub2e4. \uc774\ub7f0 \uc608\uce21 \uac00\ub2a5\uc131\uc740 SPX \uac19\uc740 \uc8fc\uc694 \uc9c0\uc218(major indices, \ub300\ud45c \uc8fc\uac00 \uc9c0\ud45c)\uc5d0 \ub300\ud574 \uc544\uc774\uc5b8 \ucf58\ub3c4\ub974(iron condor, \uc77c\uc815 \uac00\uaca9 \ubc94\uc704 \uc548\uc5d0\uc11c \uba38\ubb38\ub2e4\uace0 \ubcf4\uace0 \ucf5c\u00b7\ud48b \uc635\uc158\uc744 \uc870\ud569\ud574 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\ub294 \uc804\ub7b5)\ub97c \ud30c\ub294 \ubc29\uc2dd\uc774 \ub9e4\ub825\uc801\uc77c \uc218 \uc788\uc74c\uc744 \ub73b\ud569\ub2c8\ub2e4. \uc774\ub294 \ud070 \uac00\uaca9 \ubcc0\ub3d9\uc774 \uc5c6\uc744 \ub54c \uc774\uc775\uc774 \ub098\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. CBOE \ubcc0\ub3d9\uc131 \uc9c0\uc218(VIX, S&#038;P 500\uc758 \ud5a5\ud6c4 \ubcc0\ub3d9\uc131 \uae30\ub300\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c)\ub3c4 \uc774\ub97c \ubcf4\uc5ec\uc8fc\uba70, \uc9c0\ub09c \ud55c \ub2ec \ub3d9\uc548 14 \ubd80\uadfc\uc5d0\uc11c \uc6c0\uc9c1\uc600\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uacfc\uac70 \ud3c9\uade0\ubcf4\ub2e4 \ub0ae\uc740 \uc218\uc900\uc785\ub2c8\ub2e4.\n\n2025\ub144\uc5d0\ub294 \uc5f0\uc900 \ubc1c\ud45c \ub54c\ub9c8\ub2e4 \uc2dc\uc7a5 \ubc18\uc751\uc774 \uae09\uaca9\ud588\ub358 \uc0ac\ub840\uac00 \ub9ce\uc558\uc2b5\ub2c8\ub2e4. \ub2f9\uc2dc\uc5d0\ub294 \uae08\ub9ac \uacbd\ub85c(rate path, \uc55e\uc73c\ub85c \uae08\ub9ac\uac00 \uc5b4\ub5bb\uac8c \uc6c0\uc9c1\uc77c\uc9c0\uc5d0 \ub300\ud55c \uc804\ub9dd) \ubd88\ud655\uc2e4\uc131\uc774 \ub9e4\uc6b0 \ucef8\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \uc9c0\uae08\uc758 \uc548\uc815\uc740 \uadf8\ub54c\uc640 \ub69c\ub837\uc774 \ub2e4\ub974\uba70, \ubcc0\ub3d9\uc131 \ub9e4\uc218(long volatility, \ud070 \ubcc0\ub3d9\uc744 \uae30\ub300\ud558\uba70 \uc635\uc158\uc744 \uc0ac\ub294 \uc804\ub7b5)\ub294 \ud604\uc7ac \uc218\uc775\uc744 \ub0b4\uae30 \uc5b4\ub824\uc6b8 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4. \ub530\ub77c\uc11c \uc2dc\uc7a5\uc774 \u201c\uc870\uc6a9\ud560 \uac83\u201d\uc774\ub77c\uace0 \ubcf4\ub294 \uae30\ub300\uc5d0\uc11c \ud504\ub9ac\ubbf8\uc5c4(premium, \uc635\uc158\uc744 \ud314 \ub54c \ubc1b\ub294 \uac00\uaca9)\uc744 \ubc1b\ub294 \uc635\uc158 \ub9e4\ub3c4 \uc804\ub7b5\uc5d0 \uc720\ub9ac\ud55c \ud658\uacbd\uc785\ub2c8\ub2e4.\n\n\uc774\ucc98\ub7fc \uc548\uc815\ub41c \uae08\ub9ac \ud658\uacbd\uc740 \ubbf8\uad6d \ub2ec\ub7ec\uc5d0\ub3c4 \ud798\uc744 \uc2e4\uc5b4\uc90d\ub2c8\ub2e4. \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB, \uc720\ub85c\uc874\uc758 \uc911\uc559\uc740\ud589)\uc774 \ub2e4\uc74c \ubd84\uae30\uc5d0 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud558\uba74\uc11c, \uae08\ub9ac \ucc28(interest rate differential, \ub450 \ub098\ub77c \uae08\ub9ac\uc758 \ucc28\uc774)\uac00 \ub2ec\ub7ec \ubcf4\uc720 \ucabd\uc5d0 \uc720\ub9ac\ud574\uc9d1\ub2c8\ub2e4. \uc774\uc5d0 \ub530\ub77c \ud2b8\ub808\uc774\ub354\ub294 EUR\/USD \uac19\uc740 \ud1b5\ud654\uc30d(currency pair, \ub450 \ud1b5\ud654\ub97c \uc9dd\uc73c\ub85c \ud45c\uc2dc\ud55c \ud658\uc728)\uc5d0 \ub300\ud55c \uc635\uc158(options, \uc815\ud574\uc9c4 \uae30\uac04\uc5d0 \uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c \uc0ac\uace0\ud314 \uad8c\ub9ac)\uc744 \ud65c\uc6a9\ud574 \ub2ec\ub7ec \uac15\uc138\uc5d0 \ub300\ube44\ud560 \uc218 \uc788\uc2b5\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>4\uc8fc\ubb3c T-bill \uae08\ub9ac 3.64% \u2018\ub3d9\uacb0\u2019\u2014\uc2dc\uc7a5\uc740 \uc5f0\uc900 \uae09\ubcc0\uc744 \uc548 \ubcf8\ub2e4. \uace0\uc6a9\ub3c4 \uc548\uc815, VIX 14\ub300: \ubcc0\ub3d9\uc131 \ub9e4\ub3c4\u00b7\uc9c0\uc218 \uc544\uc774\uc5b8\ucf58\ub3c4\ub974 \uc720\ub9ac. \ub2ec\ub7ec \uac15\uc138, \ub2e4\uc74c \uc810\ub3c4\ud45c\u00b7SOFR \uc8fc\ubaa9. &#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-40832","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\/40832","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=40832"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40832\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=40832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=40832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=40832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}