{"id":46119,"date":"2026-05-04T17:57:21","date_gmt":"2026-05-04T17:57:21","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/td%ec%a6%9d%ea%b6%8c%ec%9d%98-%eb%b3%b4%ec%8a%a4%ec%99%80-%eb%a1%9c%eb%9f%b0%ec%8a%a4-%ec%ba%90%eb%82%98%eb%8b%a4-%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89-2026%eb%85%84%ea%b9%8c%ec%a7%80\/"},"modified":"2026-05-04T17:57:21","modified_gmt":"2026-05-04T17:57:21","slug":"td%ec%a6%9d%ea%b6%8c%ec%9d%98-%eb%b3%b4%ec%8a%a4%ec%99%80-%eb%a1%9c%eb%9f%b0%ec%8a%a4-%ec%ba%90%eb%82%98%eb%8b%a4-%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89-2026%eb%85%84%ea%b9%8c%ec%a7%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/td%ec%a6%9d%ea%b6%8c%ec%9d%98-%eb%b3%b4%ec%8a%a4%ec%99%80-%eb%a1%9c%eb%9f%b0%ec%8a%a4-%ec%ba%90%eb%82%98%eb%8b%a4-%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89-2026%eb%85%84%ea%b9%8c%ec%a7%80\/","title":{"rendered":"TD\uc99d\uad8c\uc758 \ubcf4\uc2a4\uc640 \ub85c\ub7f0\uc2a4 \u201c\uce90\ub098\ub2e4 \uc911\uc559\uc740\ud589, 2026\ub144\uae4c\uc9c0 \uae30\uc900\uae08\ub9ac 2.25% \ub3d9\uacb0\u20262027\ub144 2.75%\ub85c \uc778\uc0c1\u201d"},"content":{"rendered":"

TD\uc99d\uad8c\uc740 \uce90\ub098\ub2e4\uc911\uc559\uc740\ud589(BoC)\uc774 2026\ub144\uae4c\uc9c0 \uc775\uc77c\uae08\ub9ac(Overnight Rate\u00b7\uae08\uc735\uae30\uad00\uc774 \ud558\ub8e8\uc9dc\ub9ac\ub85c \ube4c\ub9ac\uace0 \ube4c\ub824\uc8fc\ub294 \uae30\uc900\uae08\ub9ac)\ub97c 2.25%\ub85c \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4. 2027\ub144 \ucd08\uc5d0\ub294 \u2018\uc911\ub9bd\uae08\ub9ac(neutral rate\u00b7\uacbd\uae30\ub97c \uacfc\uc5f4\uc2dc\ud0a4\uc9c0\ub3c4 \uc704\ucd95\uc2dc\ud0a4\uc9c0\ub3c4 \uc54a\ub294 \uade0\ud615 \uc218\uc900\uc758 \uae08\ub9ac)\u2019 2.75%\ub85c \ubcf5\uadc0\ud560 \uac83\uc73c\ub85c \ub0b4\ub2e4\ubd24\uc73c\uba70, 1\uc6d4\uacfc 3\uc6d4\uc5d0 \uac01\uac01 0.25%\ud3ec\uc778\ud2b8(25bp\u00b71bp\ub294 0.01%\ud3ec\uc778\ud2b8)\uc529 \uc778\uc0c1\ud558\ub294 \uc2dc\ub098\ub9ac\uc624\ub97c \uc81c\uc2dc\ud588\ub2e4.<\/p>\n

\ud1b5\ud654\uc815\ucc45 \uc131\uba85\uc11c\ub294 \ub2e4\uc18c \ube44\ub458\uae30\ud30c\uc801(\uc644\ud654\uc5d0 \ubb34\uac8c)\uc778 \ub258\uc559\uc2a4\ub97c \ub760\uc5c8\uace0, \ubb34\uc5ed \uc5ec\uac74 \uc545\ud654 \uc2dc \ucd94\uac00 \uae08\ub9ac \uc778\ud558\ub85c \uc774\uc5b4\uc9c8 \uc218 \uc788\ub2e4\uace0 \uc5b8\uae09\ud588\ub2e4. \ub3d9\uc2dc\uc5d0 \uc9c0\uc815\ud559\uc801 \uc704\ud5d8\uc774 \ucee4\uc9c0\uba74 \uc5f0\uc18d \uc778\uc0c1\ub3c4 \uac00\ub2a5\ud558\ub2e4\uace0 \ubc1d\ud600, \ub2e8\uae30 \uad6c\uac04(\ub9cc\uae30\uac00 \uc9e7\uc740 \uad6c\uac04)\uc758 \uc2dc\uc7a5 \uac00\uaca9\uc774 \uc7ac\uc870\uc815\ub418\ub294 \uc6c0\uc9c1\uc784\uc774 \ub098\ud0c0\ub0ac\ub2e4.<\/p>\n

\uc720\uac00\uc640 \uc778\ud50c\ub808\uc774\uc158 \ucda9\uaca9<\/h3>\n

\ubbf8\uad6d-\uc774\ub780 \uae34\uc7a5\uc73c\ub85c \uc778\ud55c \uc720\uac00 \uc0c1\uc2b9\uacfc \uae00\ub85c\ubc8c \uc6d0\uc720 \uacf5\uae09 \ucc28\uc9c8 \uc6b0\ub824\ub294 \u2018\uc778\ud50c\ub808\uc774\uc158 \ucda9\uaca9(\ubb3c\uac00\ub97c \uac11\uc790\uae30 \ub04c\uc5b4\uc62c\ub9ac\ub294 \uc678\ubd80 \ucda9\uaca9)\u2019\uc73c\ub85c \ud3c9\uac00\ub410\ub2e4. \uc774\ubc88 \uc804\ub9dd\uc740 \uc815\ucc45\ub2f9\uad6d\uc774 \uc9c0\uc815\ud559\uc801 \uc704\ud5d8\uacfc \uc774\uac83\uc774 \uad6d\ub0b4 CPI(\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218\u00b7\uac00\uacc4\uac00 \uad6c\ub9e4\ud558\ub294 \uc0c1\ud488\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9 \ubcc0\ub3d9\uc744 \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c)\uc5d0 \uc5b4\ub5a4 \uc601\ud5a5\uc744 \uc8fc\ub294\uc9c0 \ub354 \uba85\ud655\ud574\uc9c8 \ub54c\uae4c\uc9c0 \uae30\ub2e4\ub9b4 \uc218 \uc788\ub2e4\uace0 \uc804\uc81c\ud55c\ub2e4.<\/p>\n

\uc778\ud50c\ub808\uc774\uc158\uc740 2\ubd84\uae30\uc5d0 \uc57d 3%\ub85c \uc815\uc810\uc5d0 \uc774\ub97c \uac83\uc73c\ub85c \uc608\uc0c1\ub410\ub294\ub370, \uc774\ub294 BoC\uc758 4\uc6d4 \ud1b5\ud654\uc815\ucc45 \ubcf4\uace0\uc11c \uc804\ub9dd\uce58\ub97c \uc6c3\ub3c8\ub2e4. \ub2e4\ub9cc \uc778\ud50c\ub808\uc774\uc158 \uae30\ub300(\uac00\uacc4\u00b7\uae30\uc5c5\uc774 \uc608\uc0c1\ud558\ub294 \ubbf8\ub798 \ubb3c\uac00)\uac00 \uc548\uc815\uc801\uc73c\ub85c \uc720\uc9c0\ub418\uace0, \ubb3c\uac00 \uc0c1\uc2b9\uc774 \uc77c\ubd80 \ud488\ubaa9\uc5d0 \uad6d\ud55c\ub418\uba70, \uadfc\uc6d0 \ubb3c\uac00(\ubcc0\ub3d9\uc131\uc774 \ud070 \ud488\ubaa9\uc744 \uc81c\uc678\ud574 \uae30\uc870\ub97c \ubcf4\ub294 \ubb3c\uac00)\uc758 \uc0c1\uc2b9 \ud750\ub984\uc774 \ud06c\uc9c0 \uc54a\ub2e4\ub294 \uac00\uc815\uc774 \ud3ec\ud568\ub410\ub2e4.<\/p>\n

\uc774\ubc88 \uc804\ub9dd\uc740 2027\ub144 \ucd08 2\ucc28\ub840 \uc778\uc0c1\uc73c\ub85c 2.75%\uc5d0 \ub3c4\ub2ec\ud558\ub294 \uac83\uc73c\ub85c \uc218\uc815\ub410\uc73c\uba70, \uae30\uc874 3\ucc28\ub840 \uc778\uc0c1 \uc804\ub9dd\uc5d0\uc11c \uc904\uc5c8\ub2e4.<\/p>\n

\ub2e8\uae30 \uad6c\uac04 \uac00\uaca9\uc5d0 \ub300\ud55c \uc2dc\uc0ac\uc810<\/h3>\n

\uc9c0\uc815\ud559\uc801 \uae34\uc7a5\uc73c\ub85c WTI(\uc11c\ubd80\ud14d\uc0ac\uc2a4\uc0b0\uc6d0\uc720\u00b7\ubbf8\uad6d \ub300\ud45c \uc6d0\uc720 \uac00\uaca9 \uae30\uc900) \uac00\uaca9\uc774 \ubc30\ub7f4\ub2f9 95\ub2ec\ub7ec\ub97c \ub118\uc5b4\uc11c\uba70 \uc778\ud50c\ub808\uc774\uc158 \ucda9\uaca9\uc774 \ucee4\uc84c\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4. 3\uc6d4 CPI \uc0c1\uc2b9\ub960\uc740 2.9%\uc600\uc9c0\ub9cc, CPI-\ud2b8\ub9bc(CPI-trim\u00b7\uc77c\uc2dc\uc801 \uae09\ub4f1\ub77d \ud488\ubaa9 \uc601\ud5a5\uc744 \uc904\uc774\uae30 \uc704\ud574 \ubcc0\ub3d9\uc774 \ud070 \ud56d\ubaa9\uc744 \uc77c\ubd80 \uc81c\uc678\ud574 \uc0b0\ucd9c\ud558\ub294 \uadfc\uc6d0 \ubb3c\uac00 \uc9c0\ud45c) \uac19\uc740 \uadfc\uc6d0 \uc9c0\ud45c\ub294 2.1% \uc548\ud30e\uc5d0\uc11c \ube44\uad50\uc801 \uc548\uc815\uc801\uc774\ub77c\ub294 \uc810\uc744 \ub4e4\uc5c8\ub2e4. \uc774\ub294 \ubb3c\uac00 \uc555\ub825\uc774 \uad11\ubc94\uc704\ud558\uc9c0 \uc54a\uc544 BoC\uac00 \uc989\uac01 \uae08\ub9ac \uc778\uc0c1\uc5d0 \ub098\uc124 \uc815\ub3c4\ub294 \uc544\ub2c8\ub77c\ub294 \ud574\uc11d\uc73c\ub85c \uc774\uc5b4\uc9c4\ub2e4.<\/p>\n

\uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \uc77c\uc2dc\uc801\uc778 headline(\uc804\uccb4) \ubb3c\uac00 \uae09\ub4f1\uc744 \uc815\ucc45\uc774 \u2018\ub118\uaca8\ubcfc(\uc77c\uc2dc \uc694\uc778\uc73c\ub85c \ubcf4\uace0 \uacfc\ubbfc \ubc18\uc751\ud558\uc9c0 \uc54a\uc744)\u2019 \uc5ec\uc9c0\uac00 \uc788\ub2e4. \uc778\ud50c\ub808\uc774\uc158 \uae30\ub300\uac00 \uc548\uc815\uc801\uc774\uba74 \uc815\ucc45\ub2f9\uad6d\uc740 \ub354 \ub9ce\uc740 \uc815\ubcf4\ub97c \ud655\uc778\ud560 \uc218 \uc788\ub294 \uc2dc\uac04 \uc5ec\uc720\uac00 \uc0dd\uae34\ub2e4. \ub530\ub77c\uc11c 2026\ub144 \uae08\ub9ac \uc778\uc0c1 \uae30\uc900\uc740 \uc2dc\uc7a5\uc774 \ubc18\uc601\ud55c \uac83\ubcf4\ub2e4 \ud6e8\uc52c \ub192\ub2e4\ub294 \ud310\ub2e8\uc774\ub2e4.<\/p>\n

TD\uc99d\uad8c\uc758 \uc804\ub9dd\uacfc \uc2dc\uc7a5 \uac00\uaca9 \uac04 \uad34\ub9ac\ub294 \uce90\ub098\ub2e4 \uae08\ub9ac \uc218\uc775\ub960\uace1\uc120(yield curve\u00b7\ub9cc\uae30\ubcc4 \uae08\ub9ac \uc218\uc900\uc744 \uc774\uc740 \uace1\uc120) \ub2e8\uae30 \uad6c\uac04\uc758 \uae30\uc6b8\uae30\uac00 \uacfc\ub3c4\ud558\ub2e4\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\ub2e4. \ubcc0\ub3d9\uc131\uc774 \ub0ae\uace0 \uc775\uc77c\uae08\ub9ac\uac00 \uc548\uc815\uc801\uc77c \ub54c \uc720\ub9ac\ud55c \uc635\uc158 \uc804\ub7b5(\uc635\uc158\u00b7\ud2b9\uc815 \uac00\uaca9\uc5d0 \uc0ac\uace0\ud314 \uc218 \uc788\ub294 \uad8c\ub9ac), \uc608\ub97c \ub4e4\uc5b4 \ub2e8\uae30 \uae08\ub9ac\uc120\ubb3c\uc5d0 \ub300\ud574 \uc2a4\ud2b8\ub798\ub4e4(straddle\u00b7\uac19\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\u00b7\ud48b\uc744 \ud568\uaed8 \uac70\ub798\ud558\ub294 \uad6c\uc870) \ub9e4\ub3c4\ub97c \uace0\ub824\ud560 \uc218 \uc788\ub2e4\ub294 \uc81c\uc5b8\ub3c4 \ub098\uc654\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc774 \ubc18\uc601\ud55c \u2018\ub9e4\ud30c\uc801(\uae34\ucd95 \uc120\ud638) \uc11c\ud504\ub77c\uc774\uc988\u2019\uac00 \ub098\uc624\uc9c0 \uc54a\ub294\ub2e4\ub294 \uc804\uc81c\uc758 \ud3ec\uc9c0\uc158\uc774\ub2e4.<\/p>\n

\uc911\ub9bd\uae08\ub9ac \ubcf5\uadc0\ub294 2027\ub144 \ucd08\uc758 \uc774\uc57c\uae30\ub85c, 0.25%\ud3ec\uc778\ud2b8\uc529 2\ucc28\ub840 \uc810\uc9c4\uc801 \uc778\uc0c1\uc774 \uc608\uc0c1\ub41c\ub2e4\uace0 \ubd24\ub2e4. \uc774\ub294 \ubd88\uacfc \uba87 \ub2ec \uc804 \uc608\uc0c1\ubcf4\ub2e4 \uc815\uc0c1\ud654(\uae08\ub9ac\ub97c \uc911\ub9bd \uc218\uc900\uc73c\ub85c \ub418\ub3cc\ub9ac\ub294 \uacfc\uc815) \uc18d\ub3c4\uac00 \ub354 \ub290\ub9b0 \uacbd\ub85c\ub77c\ub294 \uc758\ubbf8\ub2e4. \ub2e8\uae30\uc801\uc73c\ub85c\ub294 \ubcc0\ub3d9\uc131 \ud070 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc5d0 \uc989\uac01 \ubc18\uc751\ud558\uae30\ubcf4\ub2e4 \uc548\uc815\uc5d0 \ubb34\uac8c\ub97c \ub458 \uac83\uc774\ub77c\ub294 \uad00\uce21\uc744 \uac15\ud654\ud55c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cBoC \uae08\ub9ac, \uc624\ub798 \uba48\ucd94\uace0 \ub2a6\uac8c \uc624\ub978\ub2e4\u201d TD\uc99d\uad8c\uc740 2026\ub144\uae4c\uc9c0 2.25% \ub3d9\uacb0, 2027\ub144 \ucd08 25bp\uc529 \ub450 \ucc28\ub840 \uc778\uc0c1\ud574 2.75% \uc911\ub9bd \ubcf5\uadc0 \uc804\ub9dd. \uc720\uac00\ubc1c \uc778\ud50c\ub808\ub294 \uc77c\uc2dc\uc801. \uc2dc\uc7a5 \uacfc\ub3c4 \ub9e4\ud30c. \uc635\uc158 \ub9e4\ub3c4 \uc81c\uc5b8.<\/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-46119","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\/46119","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=46119"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46119\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}