{"id":45480,"date":"2026-04-24T19:21:39","date_gmt":"2026-04-24T19:21:39","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/4%ec%9b%94-%eb%af%b8%ea%b5%ad-%eb%af%b8%ec%8b%9c%ea%b0%84%eb%8c%80-%ec%86%8c%eb%b9%84%ec%9e%90%ea%b8%b0%eb%8c%80%ec%a7%80%ec%88%98-48-1%eb%a1%9c-46-1-%ec%a0%84%eb%a7%9d%ec%b9%98-%ec%83%81%ed%9a%8c\/"},"modified":"2026-04-24T19:21:39","modified_gmt":"2026-04-24T19:21:39","slug":"4%ec%9b%94-%eb%af%b8%ea%b5%ad-%eb%af%b8%ec%8b%9c%ea%b0%84%eb%8c%80-%ec%86%8c%eb%b9%84%ec%9e%90%ea%b8%b0%eb%8c%80%ec%a7%80%ec%88%98-48-1%eb%a1%9c-46-1-%ec%a0%84%eb%a7%9d%ec%b9%98-%ec%83%81%ed%9a%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/4%ec%9b%94-%eb%af%b8%ea%b5%ad-%eb%af%b8%ec%8b%9c%ea%b0%84%eb%8c%80-%ec%86%8c%eb%b9%84%ec%9e%90%ea%b8%b0%eb%8c%80%ec%a7%80%ec%88%98-48-1%eb%a1%9c-46-1-%ec%a0%84%eb%a7%9d%ec%b9%98-%ec%83%81%ed%9a%8c\/","title":{"rendered":"4\uc6d4 \ubbf8\uad6d \ubbf8\uc2dc\uac04\ub300 \uc18c\ube44\uc790\uae30\ub300\uc9c0\uc218 48.1\ub85c 46.1 \uc804\ub9dd\uce58 \uc0c1\ud68c\u2026\uc2ec\ub9ac \uac1c\uc120 \ubc18\uc601"},"content":{"rendered":"<p>\ubbf8\uad6d \ubbf8\uc2dc\uac04\ub300 \uc18c\ube44\uc790 \uae30\ub300\uc9c0\uc218\ub294 4\uc6d4\uc5d0 \uc2dc\uc7a5 \uc608\uc0c1\uce58\ub97c \uc6c3\ub3cc\uc558\ub2e4. \uc608\uc0c1\uce58\ub294 46.1\uc774\uc5c8\uace0 \uc2e4\uc81c\uce58\ub294 48.1\uc774\uc5c8\ub2e4.<\/p>\n<p>\uc6b0\ub9ac\ub294 \uc9c0\ub09c\ud574 4\uc6d4 \ubbf8\uc2dc\uac04\ub300 \uc18c\ube44\uc790 \uae30\ub300\uc9c0\uc218\uac00 \uc608\uc0c1\ubcf4\ub2e4 \uac15\ud588\ub358 \uc0ac\ub840\ub97c \ub2e4\uc2dc \ubcf4\uace0 \uc788\ub2e4. 2025\ub144\uc758 \uadf8 \uc608\uc678\uc801\uc778 \uac15\uc138\ub294 \uc774\ud6c4 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9)\uc774 \uc27d\uac8c \uaebe\uc774\uc9c0 \uc54a\ub294 \uad6d\uba74\uc73c\ub85c \uc774\uc5b4\uc84c\uace0, \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8 \uc911\uc559\uc740\ud589)\uac00 \uc608\uc0c1\ubcf4\ub2e4 \uc624\ub798 \uae34\ucd95\uc801 \ud0dc\ub3c4(\ub9e4\ud30c\uc801 \uae30\uc870)\ub97c \uc720\uc9c0\ud558\uac8c \ub9cc\ub4e4\uc5c8\ub2e4. \uc774\ub7f0 \uacfc\uac70 \ud750\ub984\uc740 \ud604\uc7ac \uc2dc\uc7a5\uc5d0\uc11c \ud3ec\uc9c0\uc158(\ud22c\uc790 \ubc29\ud5a5)\uc744 \uc7a1\ub294 \ub370 \ucc38\uace0\uac00 \ub41c\ub2e4.<\/p>\n<h3>Historical Signal And Market Context<\/h3>\n<p>\ud604\uc7ac\ub294 \uc0c1\ubc18\ub41c \uc2e0\ud638\uac00 \uacb9\uce58\uba70 \uc0c1\ud669\uc774 \ub354 \ubcf5\uc7a1\ud558\ub2e4. \ucd5c\uc2e0 2026\ub144 3\uc6d4 CPI(\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218) \ubcf4\uace0\uc11c\uc5d0\uc11c \uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158(\ubcc0\ub3d9\uc774 \ud070 \uc2dd\ub8cc\ud488\u00b7\uc5d0\ub108\uc9c0\ub97c \uc81c\uc678\ud55c \ubb3c\uac00)\uc740 3.7%\ub85c \ub192\uac8c \uc720\uc9c0\ub410\uace0, \ucd5c\uadfc \uc18c\ub9e4\ud310\ub9e4(\uc18c\ube44 \uc9c0\ucd9c\uc744 \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c)\ub294 \uc815\uccb4\ub410\ub2e4. \uc774 \ub54c\ubb38\uc5d0 Fed\uc758 \ub2e4\uc74c \uacb0\uc815\uacfc \uacbd\uae30 \uccb4\ub825\uc5d0 \ub300\ud55c \ubd88\ud655\uc2e4\uc131\uc774 \ucee4\uc84c\ub2e4.<\/p>\n<p>\uc774\ub7f0 \ubd88\ud655\uc2e4\uc131 \uad6d\uba74\uc5d0\uc11c\ub294 \uc2dc\uc7a5 \ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \ub300\ube44\ud55c \u2018\ubcf4\ud5d8\u2019\uc744 \uace0\ub824\ud560 \ud544\uc694\uac00 \uc788\ub2e4. VIX \uc9c0\uc218(\uc2dc\uc7a5 \ubd88\uc548 \uc2ec\ub9ac\ub97c \ubc18\uc601\ud558\ub294 \ubcc0\ub3d9\uc131 \uc9c0\ud45c) \uc635\uc158\uc740 \ud5a5\ud6c4 \ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \uc9c1\uc811 \ubca0\ud305\ud558\ub294 \uc218\ub2e8\uc774\ub2e4. \ucd5c\uadfc VIX\uac00 19\uc120\uc5d0 \uadfc\uc811\ud55c \ub9cc\ud07c, \ud5a5\ud6c4 \uc218\uc8fc \ub3d9\uc548 \ubcc0\ub3d9\uc131 \uc0c1\uc2b9 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud558\ub294 \uc811\uadfc\uc774 \uc720\ud6a8\ud558\ub2e4. \uacbd\uc81c\uc9c0\ud45c\uac00 \uc5c7\uac08\ub9b4 \ub54c\ub294 \uc774\ub7f0 \ubc29\uc5b4\uc801 \ub300\uc751\uc774 \ud569\ub9ac\uc801\uc774\ub2e4.<\/p>\n<p>\uae08\ub9ac\uac00 \u2018\ub354 \uc624\ub798 \ub192\uc740 \uc218\uc900\u2019\uc5d0 \uba38\ubb3c \uac00\ub2a5\uc131\uc5d0\ub3c4 \ub300\ube44\ud574\uc57c \ud55c\ub2e4. TLT \uac19\uc740 \uc7a5\uae30 \ub9cc\uae30 \ubbf8\uad6d \uad6d\ucc44 ETF(\uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc) \ud48b\uc635\uc158(\uac00\uaca9 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uad8c\ub9ac)\uc744 \ub9e4\uc218\ud558\uba74, Fed\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \uae34\ucd95\uc801\uc73c\ub85c \ub098\uc624\ub294 \uacbd\uc6b0\uc5d0 \ub300\ud55c \ud5e4\uc9c0(\uc704\ud5d8 \uc644\ud654)\uac00 \ub41c\ub2e4. \uc778\ud50c\ub808\uc774\uc158 \uc6b0\ub824\ub85c \ucc44\uad8c \uac00\uaca9\uc774 \ud558\ub77d\ud558\ub294 \uc2dc\ub098\ub9ac\uc624\uc5d0\uc11c \uc774 \uc804\ub7b5\uc740 \ud6a8\uacfc\ub97c \ub0bc \uc218 \uc788\uc73c\uba70, \uc774\ub294 2025\ub144 \ub9d0\uc5d0\ub3c4 \ub098\ud0c0\ub0ac\ub358 \ud750\ub984\uc774\ub2e4.<\/p>\n<p>\uc18c\ube44\uc758 \ud798\uc774 \uc57d\ud574\uc9c8 \uc218 \uc788\ub2e4\ub294 \uc810\uc744 \uac10\uc548\ud558\uba74, \uacbd\uae30\uc18c\ube44\uc7ac \uc139\ud130(\ud544\uc218\uc7ac\uac00 \uc544\ub2cc \uc120\ud0dd\uc801 \uc18c\ube44 \uc5c5\uc885) \uc635\uc158\ub3c4 \uc810\uac80\ud560 \ud544\uc694\uac00 \uc788\ub2e4. XLY \uac19\uc740 ETF \ud48b\uc635\uc158\uc744 \ub9e4\uc218\ud558\uba74, \uc5ec\ub984\uc73c\ub85c \uac08\uc218\ub85d \uc9c0\ucd9c \ub454\ud654\uac00 \uc774\uc5b4\uc9c8 \uacbd\uc6b0 \ubc29\uc5b4\uc5d0 \ub3c4\uc6c0\uc774 \ub420 \uc218 \uc788\ub2e4. \ud604\uc7ac \uc2dc\uc7a5\uc740 \uc18c\ube44\uc790\uc758 \uac74\uc804\uc131\uc744 \uc9c0\ub098\uce58\uac8c \ub099\uad00\ud558\ub294 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.<\/p>\n<h3>Positioning For Volatility And Rates<\/h3>\n","protected":false},"excerpt":{"rendered":"<p>\u201c\ubbf8\uc2dc\uac04\ub300 \uae30\ub300\uc9c0\uc218 \uc11c\ud504\ub77c\uc774\uc988\u201d \uc7ac\ud604\uc5d0 \uc2dc\uc7a5 \uae34\uc7a5. 4\uc6d4 48.1\ub85c \uc608\uc0c1(46.1) \uc0c1\ud68c, 2025\ub144\ucc98\ub7fc \uc778\ud50c\ub808\u00b7\ub9e4\ud30c \uc7a5\uae30\ud654 \uc6b0\ub824 \uc18d VIX\u00b7TLT\u00b7XLY \uc635\uc158 \ud5e4\uc9c0 \ud544\uc694.<\/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-45480","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\/45480","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=45480"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45480\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}