{"id":44030,"date":"2026-04-06T19:25:00","date_gmt":"2026-04-06T19:25:00","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/bny%ec%9d%98-%eb%b0%a5-%ec%83%88%eb%b9%84%ec%a7%80-%ec%9b%90%ec%9c%a0-%ea%b3%b5%ea%b8%89-%ec%b6%a9%ea%b2%a9%ec%97%90-%eb%b8%8c%eb%a0%8c%ed%8a%b8%ec%9c%a0-140%eb%8b%ac%eb%9f%ac-%eb%8f%8c\/"},"modified":"2026-04-06T19:25:00","modified_gmt":"2026-04-06T19:25:00","slug":"bny%ec%9d%98-%eb%b0%a5-%ec%83%88%eb%b9%84%ec%a7%80-%ec%9b%90%ec%9c%a0-%ea%b3%b5%ea%b8%89-%ec%b6%a9%ea%b2%a9%ec%97%90-%eb%b8%8c%eb%a0%8c%ed%8a%b8%ec%9c%a0-140%eb%8b%ac%eb%9f%ac-%eb%8f%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/bny%ec%9d%98-%eb%b0%a5-%ec%83%88%eb%b9%84%ec%a7%80-%ec%9b%90%ec%9c%a0-%ea%b3%b5%ea%b8%89-%ec%b6%a9%ea%b2%a9%ec%97%90-%eb%b8%8c%eb%a0%8c%ed%8a%b8%ec%9c%a0-140%eb%8b%ac%eb%9f%ac-%eb%8f%8c\/","title":{"rendered":"BNY\uc758 \ubc25 \uc0c8\ube44\uc9c0 \u201c\uc6d0\uc720 \uacf5\uae09 \ucda9\uaca9\uc5d0 \ube0c\ub80c\ud2b8\uc720 140\ub2ec\ub7ec \ub3cc\ud30c\u2026\uae00\ub85c\ubc8c \uae08\uc735\uc5ec\uac74 \uae34\ucd95\u201d"},"content":{"rendered":"BNY\ub294 \uc720\uac00 \uacf5\uae09 \ucda9\uaca9\uc774 \ubc1c\uc0dd\ud588\ub2e4\uace0 \ubcf4\uace0\ud588\ub2e4. \uadfc\uc6d4\ubb3c \ube0c\ub80c\ud2b8\uc720 \uac00\uaca9\uc774 \ubc30\ub7f4\ub2f9 140\ub2ec\ub7ec\ub97c \ub118\uc5c8\uc9c0\ub9cc, \uc774\ud6c4 \ub9cc\uae30(\uc120\ubb3c) \uac00\uaca9\uc740 \ud6e8\uc52c \ub0ae\uc740 \uc218\uc900\uc5d0 \uba38\ubb3c\ub800\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uc774\ub294 \u2018\uc120\ubb3c \uac00\uaca9 \uace1\uc120\u2019\uc758 \ud615\ud0dc\uac00 \uc804 \uc138\uacc4 \uae08\uc735 \uc5ec\uac74\uc744 \ub354 \uae34\ucd95\uc801\uc73c\ub85c \ub9cc\ub4e0\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.  \n&#8211; **\uadfc\uc6d4\ubb3c(Front-month)**: \ub9cc\uae30\uac00 \uac00\uc7a5 \uac00\uae4c\uc6b4 \uc120\ubb3c \uacc4\uc57d  \n&#8211; **\uc120\ubb3c \uac00\uaca9 \uace1\uc120(Pricing curve)**: \ub9cc\uae30\ubcc4 \uc120\ubb3c \uac00\uaca9\uc744 \uc904\ub85c \uc774\uc740 \uadf8\ub798\ud504  \n&#8211; **\uae08\uc735 \uc5ec\uac74(\uae08\uc735 \uc870\uac74, Financial conditions)**: \uae08\ub9ac\u00b7\uc2e0\uc6a9 \uc2a4\ud504\ub808\ub4dc\u00b7\ub2ec\ub7ec \uac15\uc138\u00b7\uc8fc\uac00 \ub4f1 \uc790\uae08\uc870\ub2ec \ud658\uacbd \uc804\ubc18\n\n\ub610\ud55c \uc6d0\uc720, **LNG(\uc561\ud654\ucc9c\uc5f0\uac00\uc2a4)**, \uae30\ud0c0 \uc804\uc7c1 \uad00\ub828 \uc6d0\uc790\uc7ac\uc758 \uacf5\uae09 \ucc28\uc9c8\uc774 \uc7a5\uae30\ud654\ud558\uba74 \uae00\ub85c\ubc8c \uce68\uccb4(\uacbd\uae30 \ud6c4\ud1f4)\ub85c \uc774\uc5b4\uc9c8 \uc218 \uc788\ub2e4\uace0 \ud588\ub2e4. \uc138\uacc4 GDP\ub97c 100\uc870 \ub2ec\ub7ec\ub85c \uac00\uc815\ud560 \ub54c 2026\ub144 \uc5d0\ub108\uc9c0 \ube44\uc6a9(\uc5d0\ub108\uc9c0 \uc218\uc785\u00b7\uc18c\ube44\uc5d0 \ub4dc\ub294 \ucd1d\uc561)\uc744 4\uc8706,000\uc5b5 \ub2ec\ub7ec(4.6%)\ub85c \ucd94\uc815\ud588\uc73c\uba70, \uc774\ub294 2025\ub144 3%\uc5d0\uc11c \uc0c1\uc2b9\ud55c \uc218\uce58\ub77c\uace0 \ubc1d\ud614\ub2e4.\n\n<h3>Regional Recession Risk And Stagflation<\/h3>\n\uacbd\uae30\uce68\uccb4 \uc704\ud5d8\uc740 \ucee4\uc9c0\uace0 \uc788\uc73c\ub098 \uc9c0\uc5ed\ubcc4\ub85c \ub2e4\ub974\uba70, \uc544\uc2dc\uc544\uac00 \ubbf8\uad6d\ubcf4\ub2e4 \ub354 \ucde8\uc57d\ud558\ub2e4\uace0 \ud3c9\uac00\ud588\ub2e4. \ub610\ud55c \ub9ce\uc740 \uc9c0\uc5ed\uc5d0\uc11c **\uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158**\uc774 \uc8fc\uc694 \uacbd\uc81c \uc2dc\ub098\ub9ac\uc624\ub85c \uad73\uc5b4\uc9c0\uace0 \uc788\uc73c\uba70, 2\ubd84\uae30 \uc790\uc0b0\ubc30\ubd84\uc5d0\uc11c\ub294 \uae08\ub9ac\ubcf4\ub2e4 **\uc0c1\ub300 \uc131\uc7a5\ub960 \uaca9\ucc28**\uac00 \ub354 \uc911\uc694\ud574\uc9c8 \uc218 \uc788\ub2e4\uace0 \ud588\ub2e4.  \n&#8211; **\uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158(Stagflation)**: \ubb3c\uac00 \uc0c1\uc2b9(\uc778\ud50c\ub808\uc774\uc158)\uacfc \uacbd\uae30 \ub454\ud654(\ub610\ub294 \uce68\uccb4)\uac00 \ub3d9\uc2dc\uc5d0 \ub098\ud0c0\ub098\ub294 \uc0c1\ud669  \n&#8211; **\uc0c1\ub300 \uc131\uc7a5\ub960 \uaca9\ucc28(Growth spreads)**: \uc9c0\uc5ed\u00b7\uad6d\uac00 \uac04 \uc131\uc7a5\ub960 \ucc28\uc774\n\n\uc5d0\ub108\uc9c0 \ucda9\uaca9\uc744 \uc644\ud654\ud558\uae30 \uc704\ud55c \uc815\ubd80 \ubcf4\uc870\uae08\uacfc **\ubc30\uae09(\uc5d0\ub108\uc9c0 \uc0ac\uc6a9 \uc81c\ud55c\u00b7\ud560\ub2f9)**\uc774 \uc7ac\uc815 \ubd80\ub2f4\uacfc \uad6d\ucc44 \uc2dc\uc7a5 \ubcc0\ub3d9\uc131\uc744 \ud0a4\uc6b8 \uc218 \uc788\ub2e4\uace0 \ud588\ub2e4. 20\uac1c\uad6d\uc774 \uc5d0\ub108\uc9c0 \uad00\ub828 \ub300\ucc45\uc744 \ub3c4\uc785\ud588\uc73c\uba70, \ubd84\uc7c1\uc774 4\uc6d4 \uc774\ud6c4\uae4c\uc9c0 \uc774\uc5b4\uc9c0\uba74 \ucd94\uac00 \uc870\uce58\uac00 \ub098\uc62c \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\uace0 \ubc1d\ud614\ub2e4.  \n&#8211; **\uad6d\ucc44 \ubcc0\ub3d9\uc131**: \uad6d\ucc44 \uac00\uaca9(\uae08\ub9ac)\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4\n\n\uc544\uc6b8\ub7ec \uc804 \uc138\uacc4\uc801\uc73c\ub85c **\uc7ac\uc815 \ub4dc\ub798\uadf8**(\uc7ac\uc815\uc774 \uc131\uc7a5\uc744 \uae4e\ub294 \ud6a8\uacfc)\uac00 GDP\uc758 1.5~3%\uc5d0 \uc774\ub97c \uc218 \uc788\ub2e4\ub294 \ucd94\uc815\uce58\ub97c \uc778\uc6a9\ud588\ub2e4. \ub610 \uc774\ub2ec \ub9d0\uae4c\uc9c0 \ud574\uc0c1 \uc6b4\uc1a1\uc774 \uc7ac\uac1c\ub418\ub294 \ub300\uc548 \uc2dc\ub098\ub9ac\uc624\uc640, 4\uc6d4\uae4c\uc9c0 \ucd94\uac00 \ucc28\uc9c8\uc774 \uc774\uc5b4\uc9c0\ub294 \uc2dc\ub098\ub9ac\uc624\ub97c \ub300\ube44\ud574 \uc81c\uc2dc\ud588\ub2e4.  \n&#8211; **\uc7ac\uc815 \ub4dc\ub798\uadf8(Fiscal drag)**: \uc815\ubd80 \uc9c0\ucd9c \ucd95\uc18c\u00b7\uc138\uae08 \ubd80\ub2f4 \uc99d\uac00 \ub4f1\uc73c\ub85c \uacbd\uc81c \uc131\uc7a5\uc5d0 \ud558\ubc29 \uc555\ub825\uc774 \uc0dd\uae30\ub294 \ud604\uc0c1\n\n\uadfc\uc6d4\ubb3c \ube0c\ub80c\ud2b8\uc720\uac00 \ubc30\ub7f4\ub2f9 140\ub2ec\ub7ec \uc774\uc0c1\uc744 \uc720\uc9c0\ud558\ub294 \uac00\uc6b4\ub370, \uc2dc\uc7a5\uc758 **\uc2ec\ud55c \ubc31\uc6cc\ub370\uc774\uc158**(\uadfc\uc6d4\ubb3c\uc774 \uc6d0\uc6d4\ubb3c\ubcf4\ub2e4 \ube44\uc2fc \uad6c\uc870)\uc740 \ub2f9\uc7a5\uc758 \uacf5\uae09 \ubd80\uc871\uc774 \uc2ec\uac01\ud558\ub2e4\ub294 \uc2e0\ud638\ub77c\uace0 \ud588\ub2e4. \uc774\ub97c \ud65c\uc6a9\ud558\uae30 \uc704\ud574 **\uce98\ub9b0\ub354 \uc2a4\ud504\ub808\ub4dc \uac70\ub798**(\ub9cc\uae30\uac00 \ub2e4\ub978 \uc120\ubb3c \uac04 \uac00\uaca9 \ucc28\uc774\ub97c \uac70\ub798)\ub97c \uace0\ub824\ud574\uc57c \ud558\uc9c0\ub9cc, \ubcc0\ub3d9\uc131\uc774 \ucee4 \uc9c4\uc785 \uc2dc\uc810\uc774 \uc911\uc694\ud558\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4. \uc774\ub294 2025\ub144\uc5d0 \uacbd\ud5d8\ud588\ub358 \uac83\ubcf4\ub2e4 \ub354 \uacf5\uaca9\uc801\uc778 \uacf5\uae09 \ucda9\uaca9\uc774\ub77c\uace0 \ud3c9\uac00\ud588\ub2e4.  \n&#8211; **\ubc31\uc6cc\ub370\uc774\uc158(Backwardation)**: \uac00\uae4c\uc6b4 \ub9cc\uae30 \uac00\uaca9\uc774 \ub354 \ube44\uc2f8 \uacf5\uae09 \ubd80\uc871 \uc2e0\ud638\ub85c \ud574\uc11d\ub418\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc74c  \n&#8211; **\uce98\ub9b0\ub354 \uc2a4\ud504\ub808\ub4dc(Calendar spread)**: \uac19\uc740 \uc0c1\ud488\uc758 \uc11c\ub85c \ub2e4\ub978 \ub9cc\uae30 \uc120\ubb3c\uc744 \ub3d9\uc2dc\uc5d0 \uc0ac\uace0\ud30c\ub294 \uc804\ub7b5\n\n<h3>Derivative Positioning And Volatility Strategy<\/h3>\n\ucc28\uc9c8\uc774 \uc774\ub2ec \ub9d0\uc5d0 \ub05d\ub0a0\uc9c0 \uc5ec\ubd80\uac00 \u2018\ub458 \uc911 \ud558\ub098\u2019\ub85c \uac08\ub9ac\ub294 **\uc774\uc9c4(\ubc14\uc774\ub108\ub9ac) \uc704\ud5d8**\uc774\uc5b4\uc11c, \uac00\uaca9\uc774 \uc624\ub97c\uc9c0 \ub0b4\ub9b4\uc9c0 \ud55c \ubc29\ud5a5\uc5d0 \uac70\ub294 \uac70\ub798\ub294 \uc704\ud5d8\ud558\ub2e4\uace0 \ud588\ub2e4. **OVX(\uc6d0\uc720 \ubcc0\ub3d9\uc131 \uc9c0\uc218)**\uac00 60\uc744 \ub118\uc5b4 2022\ub144 \ucd08 \uc774\ud6c4 \ubcf4\uae30 \ud798\ub4e0 \uc218\uc900\uc758 \ubd88\ud655\uc2e4\uc131\uc744 \ubcf4\uc5ec\uc900\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uac00\uc7a5 \uba85\ud655\ud55c \ud30c\uc0dd\uc0c1\ud488 \uc804\ub7b5\uc740 \uc635\uc158\uc73c\ub85c \ubcc0\ub3d9\uc131\uc744 \uc0ac\ub294 \ubc29\uc2dd\uc774\uba70, \uc720\uac00 \uc120\ubb3c\uc5d0 **\uc2a4\ud2b8\ub798\ub4e4**(\ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \uac19\uc740 \ud589\uc0ac\uac00\u00b7\ub9cc\uae30\ub85c \ub3d9\uc2dc\uc5d0 \ub9e4\uc218)\uc744 \uad6c\ucd95\ud574 \uc5b4\ub290 \ubc29\ud5a5\uc774\ub4e0 \ud070 \uac00\uaca9 \ubcc0\ub3d9\uc5d0\uc11c \uc218\uc775\uc744 \ub178\ub9b4 \uc218 \uc788\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.  \n&#8211; **\ud30c\uc0dd\uc0c1\ud488(Derivatives)**: \uae30\ucd08\uc790\uc0b0(\uc6d0\uc720\u00b7\uae08\ub9ac \ub4f1) \uac00\uaca9\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uacc4\uc57d(\uc120\ubb3c\u00b7\uc635\uc158 \ub4f1)  \n&#8211; **\uc635\uc158(Options)**: \uc77c\uc815 \uac00\uaca9\uc5d0 \uc0b4 \uad8c\ub9ac(\ucf5c)\u00b7\ud314 \uad8c\ub9ac(\ud48b)  \n&#8211; **\ubcc0\ub3d9\uc131(Volatility)**: \uac00\uaca9\uc774 \uc5bc\ub9c8\ub098 \ud06c\uac8c \uc6c0\uc9c1\uc774\ub294\uc9c0  \n&#8211; **OVX**: \uc6d0\uc720 \uc635\uc158 \uc2dc\uc7a5\uc758 \uae30\ub300 \ubcc0\ub3d9\uc131\uc744 \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c\n\n\uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158\uc774 \uae30\ubcf8 \uc2dc\ub098\ub9ac\uc624\uac00 \ub418\uba74\uc11c \ud1b5\ud654\uc2dc\uc7a5\uc5d0\uc11c\ub3c4 \uae30\ud68c\uac00 \uc0dd\uae34\ub2e4\uace0 \ud588\ub2e4. \uc544\uc2dc\uc544\uac00 \ubbf8\uad6d\ubcf4\ub2e4 \uc5d0\ub108\uc9c0 \ucda9\uaca9\uc5d0 \ub354 \ucde8\uc57d\ud55c \ub9cc\ud07c, \ub2ec\ub7ec \ub300\ube44 \uc544\uc2dc\uc544 \ud1b5\ud654\ub97c \ub9e4\ub3c4\ud558\ub294(\uc57d\uc138\uc5d0 \ubca0\ud305\ud558\ub294) \uc635\uc158 \uc804\ub7b5\uc744 \uac80\ud1a0\ud560 \uc218 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uc774\ub294 \uc774\ubc88 \ubd84\uae30\uc5d0\ub294 \uae08\ub9ac \uc774\uc57c\uae30\ubcf4\ub2e4 \uc131\uc7a5 \uaca9\ucc28 \ud655\ub300\uac00 \ub354 \ud070 \uc601\ud5a5\uc744 \uc904 \uac83\uc774\ub77c\ub294 \ud310\ub2e8\uc744 \ubc18\uc601\ud55c\ub2e4.  \n&#8211; **\ud1b5\ud654 \uc635\uc158**: \ud658\uc728 \ubcc0\ub3d9\uc5d0 \ub300\ud55c \uad8c\ub9ac\ub97c \uc0ac\uace0\ud30c\ub294 \uc0c1\ud488\n\n\uc815\ubd80 \ubcf4\uc870\uae08\uc740 \uad6d\uac00 \ubd80\ucc44 \ubd80\ub2f4\uc744 \ud0a4\uc6b0\uace0 \uc788\uc73c\uba70, \uc5d0\ub108\uc9c0 \uc218\uc785\uad6d\uc758 **\uad6d\ucc44 \uc2a4\ud504\ub808\ub4dc**(\uad6d\uac00 \uac04 \uae08\ub9ac \ucc28\uc774)\uac00 \ud655\ub300\ub418\ub294 \ub370\uc11c \uc774\ub97c \ud655\uc778\ud560 \uc218 \uc788\ub2e4\uace0 \ud588\ub2e4. **\uae08\ub9ac \uc120\ubb3c**\uacfc \uad6d\ucc44 \uc635\uc158\uc744 \ud65c\uc6a9\ud558\uba74 \uae08\ub9ac \uc0c1\uc2b9(\ucc44\uad8c \uac00\uaca9 \ud558\ub77d)\uacfc \ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc158\uc744 \ub9cc\ub4e4 \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4. \ub9ce\uc740 \uad6d\uac00\uc5d0\uc11c \uc7ac\uc815 \ub4dc\ub798\uadf8\uac00 GDP 2%\ub97c \ub118\ub294 \uac83\uc73c\ub85c \ucd94\uc815\ub418\uc9c0\ub9cc, \ucc44\uad8c\uc2dc\uc7a5\uc5d0\ub294 \uc544\uc9c1 \ucda9\ubd84\ud788 \ubc18\uc601\ub418\uc9c0 \uc54a\uc558\ub2e4\uace0 \ubd24\ub2e4.  \n&#8211; **\uc2a4\ud504\ub808\ub4dc(Spread)**: \ub450 \uae08\ub9ac(\ub610\ub294 \uc218\uc775\ub960) \uc0ac\uc774\uc758 \ucc28\uc774  \n&#8211; **\uae08\ub9ac \uc120\ubb3c\/\ucc44\uad8c \uc635\uc158**: \ud5a5\ud6c4 \uae08\ub9ac\u00b7\ucc44\uad8c \uac00\uaca9 \ubcc0\ub3d9\uc744 \uac70\ub798\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488\n\n\uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc5c5\uc885 \uac04 \ucc28\ubcc4\ud654\uac00 \ub354 \ube68\ub77c\uc9c8 \uac83\uc73c\ub85c \ubd24\ub2e4. \uc6d0\uc790\uc7ac \ube44\uc6a9 \uc0c1\uc2b9\uc73c\ub85c \uc774\uc775\ub960\uc774 \uc555\ubc15\ubc1b\ub294 \uc18c\ube44\u00b7\uc0b0\uc5c5 \uc5c5\uc885\ubcf4\ub2e4 \uc5d0\ub108\uc9c0 \uc0dd\uc0b0 \uae30\uc5c5\uc5d0 \uc720\ub9ac\ud55c \ud3ec\uc9c0\uc158\uc744 \uc635\uc158\uc73c\ub85c \uad6c\ucd95\ud574\uc57c \ud55c\ub2e4\uace0 \ud588\ub2e4. \uac00\uc7a5 \ub2e8\uc21c\ud55c \ubc29\ubc95\uc73c\ub85c\ub294 **\ud398\uc5b4 \ud2b8\ub808\uc774\ub4dc**(\ud55c \ucabd\uc740 \ub9e4\uc218, \ub2e4\ub978 \ucabd\uc740 \ub9e4\ub3c4)\ub85c \uc5d0\ub108\uc9c0 ETF\ub97c \ub9e4\uc218\ud558\uace0 \uacbd\uae30\uc18c\ube44\uc7ac ETF\ub97c \ub9e4\ub3c4\ud558\ub294 \uc804\ub7b5\uc744 \uc81c\uc2dc\ud588\ub2e4.  \n&#8211; **ETF(\uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc)**: \ud2b9\uc815 \uc9c0\uc218\u00b7\uc139\ud130\ub97c \ucd94\uc885\ud558\ub3c4\ub85d \uc124\uacc4\ub41c \uc0c1\uc7a5 \uc0c1\ud488  \n&#8211; **\ud398\uc5b4 \ud2b8\ub808\uc774\ub4dc(Pairs trade)**: \uc0c1\ub300 \uc131\uacfc \ucc28\uc774\uc5d0 \ubca0\ud305\ud558\ub294 \ub9e4\uc218\u00b7\ub9e4\ub3c4 \uc870\ud569\n\n\uc2dc\uc7a5\uc758 \u2018\uad00\ub9dd\u2019 \uae30\uc870\ub85c \uc635\uc158 \uac00\uaca9\uc774 \uc62c\ub77c\uac00 **\ub0b4\uc7ac\ubcc0\ub3d9\uc131**(\uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \uc608\uc0c1 \ubcc0\ub3d9\uc131)\uc774 \uc218\ub144 \ub9cc\uc758 \uace0\uc810\uc5d0 \uc788\ub2e4\uace0 \ud588\ub2e4. \ub530\ub77c\uc11c \ud3ec\uc9c0\uc158\uc740 \uad6c\uc870\ub97c \uc2e0\uc911\ud788 \uc9dc\uc57c \ud558\uba70, \uc2dc\uc7a5\uc774 \ud6a1\ubcf4\ud558\uba74 **\uc2dc\uac04\uac00\uce58 \uac10\uc18c(\uc138\ud0c0 \uc190\uc2e4)**\uac00 \ubd88\ub9ac\ud558\uac8c \uc791\uc6a9\ud55c\ub2e4\uace0 \uacbd\uace0\ud588\ub2e4. \uc774\ub97c \ubcf4\uc644\ud558\uae30 \uc704\ud574 **\uc635\uc158 \uc2a4\ud504\ub808\ub4dc**(\uc635\uc158\uc744 \ub3d9\uc2dc\uc5d0 \uc0ac\uace0\ud314\uc544 \ube44\uc6a9\uacfc \uc704\ud5d8\uc744 \uc870\uc808\ud558\ub294 \uad6c\uc870)\ub97c \uc4f0\uba74 \uc9c4\uc785 \ube44\uc6a9\uc744 \ub0ae\ucd94\uba74\uc11c\ub3c4 \ud5a5\ud6c4 \uc218\uc8fc\uac04 \uc608\uc0c1\ub418\ub294 \uac00\uaca9 \ubcc0\ub3d9\uc5d0 \ub178\ucd9c\ub420 \uc218 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4.  \n&#8211; **\ub0b4\uc7ac\ubcc0\ub3d9\uc131(Implied volatility)**: \uc635\uc158 \uac00\uaca9\uc774 \uc554\uc2dc\ud558\ub294 \ud5a5\ud6c4 \ubcc0\ub3d9\uc131  \n&#8211; **\uc2dc\uac04\uac00\uce58 \uac10\uc18c(Time decay)**: \uc2dc\uac04\uc774 \uc9c0\ub0a0\uc218\ub85d \uc635\uc158 \uac00\uce58\uac00 \uc904\uc5b4\ub4dc\ub294 \uc131\uc9c8  \n&#8211; **\uc635\uc158 \uc2a4\ud504\ub808\ub4dc(Option spread)**: \uc11c\ub85c \ub2e4\ub978 \ud589\uc0ac\uac00\u00b7\ub9cc\uae30\uc758 \uc635\uc158\uc744 \uc870\ud569\ud574 \ube44\uc6a9\uc744 \uc904\uc774\uac70\ub098 \uc190\uc775 \uad6c\uc870\ub97c \uc870\uc815\ud558\ub294 \uc804\ub7b5\n<p>\n\n<p><strong>\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 &#8211; VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>BNY \u201c\uc720\uac00 \uacf5\uae09\uc1fc\ud06c \ud604\uc2e4\ud654\u201d \uacbd\uace0. \ube0c\ub80c\ud2b8 140\ub2ec\ub7ec \uadfc\uc6d4 \uae09\ub4f1\u00b7\uc2ec\ud55c \ubc31\uc6cc\ub370\uc774\uc158\uc774 \uae08\uc735\uc5ec\uac74\uc744 \ub354 \uae34\ucd95. \uc5d0\ub108\uc9c0\ube44\uc6a9 GDP 4.6% \ucd94\uc815, \uc544\uc2dc\uc544 \uce68\uccb4\u00b7\uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158 \ub9ac\uc2a4\ud06c \ud655\ub300. \uc635\uc158 \ubcc0\ub3d9\uc131 \uc804\ub7b5 \uc8fc\ubaa9.<\/p>\n","protected":false},"author":87,"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-44030","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\/44030","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\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=44030"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/44030\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=44030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=44030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=44030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}