{"id":46225,"date":"2026-05-05T20:54:18","date_gmt":"2026-05-05T20:54:18","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/3%ec%9b%94-%eb%af%b8%ea%b5%ad-%ec%8b%a0%ea%b7%9c-%ec%a3%bc%ed%83%9d%ed%8c%90%eb%a7%a4-%ec%a0%84%ec%9b%94-%eb%8c%80%eb%b9%84-62%eb%a7%8c8%ec%b2%9c-%ea%b1%b4%ec%98%88%ec%83%81%ec%b9%9866\/"},"modified":"2026-05-05T20:54:18","modified_gmt":"2026-05-05T20:54:18","slug":"3%ec%9b%94-%eb%af%b8%ea%b5%ad-%ec%8b%a0%ea%b7%9c-%ec%a3%bc%ed%83%9d%ed%8c%90%eb%a7%a4-%ec%a0%84%ec%9b%94-%eb%8c%80%eb%b9%84-62%eb%a7%8c8%ec%b2%9c-%ea%b1%b4%ec%98%88%ec%83%81%ec%b9%9866","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/3%ec%9b%94-%eb%af%b8%ea%b5%ad-%ec%8b%a0%ea%b7%9c-%ec%a3%bc%ed%83%9d%ed%8c%90%eb%a7%a4-%ec%a0%84%ec%9b%94-%eb%8c%80%eb%b9%84-62%eb%a7%8c8%ec%b2%9c-%ea%b1%b4%ec%98%88%ec%83%81%ec%b9%9866\/","title":{"rendered":"3\uc6d4 \ubbf8\uad6d \uc2e0\uaddc \uc8fc\ud0dd\ud310\ub9e4, \uc804\uc6d4 \ub300\ube44 62\ub9cc8\ucc9c \uac74\u2026\uc608\uc0c1\uce58(66\ub9cc8\ucc9c \uac74) \ud558\ud68c"},"content":{"rendered":"<p>\ubbf8\uad6d\uc758 3\uc6d4 \uc2e0\uaddc\uc8fc\ud0dd \ud310\ub9e4(\uc804\uc6d4 \ub300\ube44)\ub294 62\ub9cc8,000\uac74(0.628M)\uc774\uc5c8\ub2e4. \uc2dc\uc7a5 \uc608\uc0c1\uce58\ub294 66\ub9cc8,000\uac74(0.668M)\uc774\uc5c8\ub2e4.<\/p>\n<p>\uc2e4\uc81c\uce58\ub294 \uc608\uc0c1\ubcf4\ub2e4 4\ub9cc \uac74(0.040M) \ub0ae\uc558\ub2e4. \uc774\ub294 \ud574\ub2f9 \uc6d4 \ud310\ub9e4\uac00 \uc2dc\uc7a5\uc774 \uae30\ub300\ud55c \uc218\uc900\uc5d0 \ubabb \ubbf8\ucce4\ub2e4\ub294 \ub73b\uc774\ub2e4.<\/p>\n<h3>Fed Policy Impact<\/h3>\n<p>\uc2e0\uaddc\uc8fc\ud0dd \ud310\ub9e4\uc758 \uc608\uc0c1 \ud558\ud68c\ub294 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed, \ubbf8\uad6d \uc911\uc559\uc740\ud589)\uc758 \uae34\ucd95 \uc815\ucc45(\uae08\ub9ac\ub97c \ub192\uac8c \uc720\uc9c0\ud574 \uacbd\uae30\ub97c \uc2dd\ud788\ub294 \uc815\ucc45)\uc774 \uc0dd\uac01\ubcf4\ub2e4 \ub354 \uac15\ud558\uac8c \uc2e4\ubb3c\uacbd\uc81c\uc5d0 \uc601\ud5a5\uc744 \uc8fc\uace0 \uc788\ub2e4\ub294 \uccab \ubc88\uc9f8 \ub69c\ub837\ud55c \uc2e0\ud638\ub85c \ubcfc \uc218 \uc788\ub2e4. \uc774\ub294 \ub2e8\uc77c \uc9c0\ud45c\uc758 \uc77c\uc2dc\uc801 \ubcc0\ub3d9\uc774 \uc544\ub2c8\ub77c, \uacbd\uae30 \ub454\ud654\uac00 \ud655\uc0b0\ub420 \uac00\ub2a5\uc131\uc744 \ubbf8\ub9ac \ubcf4\uc5ec\uc8fc\ub294 \uc120\ud589 \uc2e0\ud638(\uc55e\uc73c\ub85c\uc758 \ud750\ub984\uc744 \uba3c\uc800 \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c)\ub85c \ud574\uc11d\ub41c\ub2e4. \ud575\uc2ec \uc5c5\uc885\uc758 \uc57d\uc138\ub294 \ud5a5\ud6c4 \uba87 \ub2ec \ub3d9\uc548 Fed\uac00 \ub9e4\ud30c\uc801 \uae30\uc870(\uae08\ub9ac \uc778\uc0c1\u00b7\uace0\uae08\ub9ac \uc720\uc9c0\uc5d0 \ubb34\uac8c\ub97c \ub450\ub294 \ud0dc\ub3c4)\ub97c \uc644\ud654\ud558\ub77c\ub294 \uc555\ub825\uc744 \ud0a4\uc6b8 \uc218 \uc788\ub2e4.<\/p>\n<p>\uc774\uc5d0 \ub530\ub77c \ud5a5\ud6c4 \uc218\uc8fc \ub3d9\uc548 \uc8fc\ud0dd\uac74\uc124\uc8fc\uc640 \uad00\ub828 \uc5c5\uc885\uc5d0 \ub300\ud55c \ud558\ub77d(\uc57d\uc138) \ubca0\ud305\uc774 \ub9e4\ub825\uc801\uc73c\ub85c \ubcf4\uc77c \uc218 \uc788\ub2e4. \uc2e4\uc81c\ub85c \uc8fc\ud0dd\uac74\uc124\uc8fc ETF(\uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc\ub85c, \uc5ec\ub7ec \uc8fc\ud0dd\uac74\uc124 \uad00\ub828 \uc885\ubaa9\uc744 \ubb36\uc5b4 \uac70\ub798\ud558\ub294 \uc0c1\ud488)\uc778 SPDR S&#038;P Homebuilders ETF(XHB)\ub294 \uc774 \uc18c\uc2dd \uc774\ud6c4 2% \ub118\uac8c \ud558\ub77d\ud588\ub2e4. \ucd94\uac00 \ud558\ub77d \uac00\ub2a5\uc131\ub3c4 \uc5fc\ub450\uc5d0 \ub458 \uc218 \uc788\ub2e4. \uc8fc\uc694 \uac74\uc124\uc0ac\uc778 \ub808\ub098(Lennar), \ud480\ud2f0\uadf8\ub8f9(PulteGroup) \ub4f1\uc5d0 \ub300\ud574 \ud48b\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac\ub85c, \uc8fc\uac00 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub098\ub294 \ud30c\uc0dd\uc0c1\ud488) \ub9e4\uc218\ub97c \uac80\ud1a0\ud558\ub418, 6\uc6d4 \ub9d0 \ub9cc\uae30(\uacc4\uc57d \ud6a8\ub825\uc774 \ub05d\ub098\ub294 \uc2dc\uc810)\ub97c \ub178\ub824 \ud558\ub77d \uad6d\uba74\uc744 \ud3ec\ucc29\ud558\ub294 \uc804\ub7b5\uc774 \uac70\ub860\ub420 \uc218 \uc788\ub2e4.<\/p>\n<p>\uc774 \uac19\uc740 \uacbd\uae30 \uc2e0\ud638\ub294 \uae08\ub9ac \uc804\ub9dd\uc5d0\ub3c4 \uc601\ud5a5\uc744 \uc900\ub2e4. \uc5f0\ub9d0 \uc774\uc804 \uae30\uc900\uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 \uc2dc\uc7a5\uc774 \ub0ae\uac8c \ubc18\uc601\ud558\uace0 \uc788\uc744 \uc218 \uc788\ub2e4\ub294 \uc758\ubbf8\ub2e4. \uc774\uc5d0 \ub530\ub77c SOFR(\ubbf8\uad6d \ub2f4\ubcf4\ubd80 \uc775\uc77c\uae08\ub9ac\ub85c, \ub2ec\ub7ec \ub2e8\uae30\uae08\ub9ac\uc758 \uae30\uc900\uc774 \ub418\ub294 \uc9c0\ud45c\uae08\ub9ac)\uc5d0 \uc5f0\ub3d9\ub41c \ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uce58\uc5d0 \ub530\ub77c \uac00\uaca9\uc774 \uc6c0\uc9c1\uc774\ub294 \uae08\uc735\uc0c1\ud488) \ud3ec\uc9c0\uc158\ub3c4 \uace0\ub824 \ub300\uc0c1\uc774 \ub420 \uc218 \uc788\ub2e4. \uc911\uc559\uc740\ud589\uc774 \ube44\ub458\uae30\ud30c\uc801 \uc804\ud658(\uae08\ub9ac \uc778\ud558 \ub4f1 \uc644\ud654\uc801 \ubc29\ud5a5\uc73c\ub85c \ud0dc\ub3c4 \ubcc0\ud654)\uc744 \ud560 \uacbd\uc6b0 \uc218\ud61c\uac00 \uac00\ub2a5\ud558\uae30 \ub54c\ubb38\uc774\ub2e4. \ud604\uc7ac \uc2dc\uc7a5\uc740 \uc62c\ud574 25bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8, \uae08\ub9ac 0.01%\ud3ec\uc778\ud2b8) 1\ud68c \uc778\ud558\ub97c \uc8fc\ub85c \ubc18\uc601\ud558\uace0 \uc788\uc9c0\ub9cc, \uc774\ubc88 \ub370\uc774\ud130\ub294 \ub354 \ud070 \ud3ed\uc758 \uc644\ud654\ub85c \uae30\uc6b8 \uc704\ud5d8\uc774 \ucee4\uc84c\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4.<\/p>\n<p>\uadfc\ubcf8 \uc694\uc778\uc740 \uc8fc\ud0dd \uad6c\ub9e4 \uc5ec\ub825(\uc18c\ub4dd \ub300\ube44 \uc9d1\uac12\u00b7\ub300\ucd9c \uc774\uc790 \ubd80\ub2f4 \ube44\uc728)\uc774 \uc545\ud654\ub410\ub2e4\ub294 \uc810\uc774\ub2e4. \ud504\ub808\ub514\ub9e5(Freddie Mac, \ubbf8\uad6d \uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c \uc2dc\uc7a5 \uad00\ub828 \uae30\uad00)\uc5d0 \ub530\ub974\uba74 4\uc6d4 \ub9d0 30\ub144 \ub9cc\uae30 \uace0\uc815 \ubaa8\uae30\uc9c0 \uae08\ub9ac\ub294 7.2%\uae4c\uc9c0 \ub2e4\uc2dc \uc62c\ub790\uace0, \uc774\ub294 \uc218\uc694\ub97c \uc704\ucd95\uc2dc\ud0a4\ub294 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud558\uace0 \uc788\ub2e4. 2023\ub144\uc5d0\ub3c4 \uae08\ub9ac\uac00 7%\ub97c \ub118\uae34 \ub4a4 \uc8fc\ud0dd\uc2dc\uc7a5\uc774 \uba3c\uc800 \ub454\ud654\ub418\uba70 \uacbd\uae30 \uc804\ubc18\uc774 \uc57d\ud574\uc84c\ub358 \ud750\ub984\uc774 \ubc18\ubcf5\ub420 \uc218 \uc788\ub2e4.<\/p>\n<h3>Positioning For Volatility<\/h3>\n<p>\ub048\uc801\ud55c \uc778\ud50c\ub808\uc774\uc158(\uc27d\uac8c \ub0b4\ub824\uac00\uc9c0 \uc54a\ub294 \ubb3c\uac00 \uc0c1\uc2b9) \uc9c0\ud45c\uc640 \uc131\uc7a5 \ub454\ud654 \uc2e0\ud638\uac00 \ub3d9\uc2dc\uc5d0 \ub098\ud0c0\ub098\ub294 \ubd88\ud655\uc2e4\uc131 \uc18d\uc5d0\uc11c \uc2dc\uc7a5 \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4)\uc774 \ucee4\uc9c8 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4. \ubcc0\ub3d9\uc131\uc9c0\uc218 VIX(\ubbf8\uad6d \uc99d\uc2dc\uc758 \u2018\uacf5\ud3ec\uc9c0\uc218\u2019\ub85c \ubd88\ub9ac\uba70 \ud5a5\ud6c4 \ubcc0\ub3d9\uc131 \uae30\ub300\ub97c \ubc18\uc601)\ub294 \ud604\uc7ac 16 \uc544\ub798\uc5d0\uc11c \uac70\ub798\ub418\uace0 \uc788\ub294\ub370, Fed\uac00 \ubb3c\uac00\uc640 \uacbd\uae30 \uc0ac\uc774\uc758 \ucda9\ub3cc\ud558\ub294 \uacfc\uc81c\uc5d0 \ub193\uc778 \uc0c1\ud669\uc744 \uac10\uc548\ud558\uba74 \uc2dc\uc7a5\uc774 \uc9c0\ub098\uce58\uac8c \uc548\ub3c4\ud558\uace0 \uc788\uc744 \uc218 \uc788\ub2e4. \ud5a5\ud6c4 \uc218\uc8fc \ub3d9\uc548\uc758 \ub4f1\ub77d\uc5d0 \ub300\ube44\ud55c \ud5e4\uc9c0(\uc190\uc2e4\uc744 \uc904\uc774\uae30 \uc704\ud55c \ubc29\uc5b4 \uc804\ub7b5)\ub85c VIX \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac\ub85c, VIX \uc0c1\uc2b9 \uc2dc \uc774\uc775\uc774 \ub098\ub294 \ud30c\uc0dd\uc0c1\ud488) \ub9e4\uc218\ub294 \uace0\ub824\ud560 \ub9cc\ud55c \uc218\ub2e8\uc774 \ub420 \uc218 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201c\ubbf8\uad6d 3\uc6d4 \uc2e0\uaddc\uc8fc\ud0dd \ud310\ub9e4 62.8\ub9cc\uac74, \uc608\uc0c1 66.8\ub9cc\uac74 \ud558\ud68c.\u201d \uace0\uae08\ub9ac \ucda9\uaca9\uc774 \uc2e4\ubb3c\ub85c \ubc88\uc9c0\uba70 \uac74\uc124\uc8fc \uc57d\uc138\u00b7\uc870\uae30 \uae08\ub9ac\uc778\ud558\u00b7VIX \ud5e4\uc9c0 \uc218\uc694 \ud655\ub300 \uac00\ub2a5\uc131 \ubd80\uac01.<\/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-46225","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\/46225","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=46225"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46225\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}