{"id":46353,"date":"2026-05-07T01:00:33","date_gmt":"2026-05-07T01:00:33","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ea%b5%b4%ec%8a%a4%eb%b9%84-%ec%83%9d%ec%82%b0%ec%84%b1%ec%9d%98-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%98%81%ed%96%a5-%eb%86%93%ea%b3%a0-%ec%97%b0%ec%a4%80-%eb%82%b4\/"},"modified":"2026-05-07T01:00:33","modified_gmt":"2026-05-07T01:00:33","slug":"%ea%b5%b4%ec%8a%a4%eb%b9%84-%ec%83%9d%ec%82%b0%ec%84%b1%ec%9d%98-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%98%81%ed%96%a5-%eb%86%93%ea%b3%a0-%ec%97%b0%ec%a4%80-%eb%82%b4","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ea%b5%b4%ec%8a%a4%eb%b9%84-%ec%83%9d%ec%82%b0%ec%84%b1%ec%9d%98-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%98%81%ed%96%a5-%eb%86%93%ea%b3%a0-%ec%97%b0%ec%a4%80-%eb%82%b4\/","title":{"rendered":"\uad74\uc2a4\ube44 \u201c\uc0dd\uc0b0\uc131\uc758 \uc778\ud50c\ub808\uc774\uc158 \uc601\ud5a5\u201d \ub193\uace0 \uc5f0\uc900 \ub0b4\ubd80 \ub17c\uc7c1\u2026\uc2dc\uc7a5, \ubcc0\ub3d9\uc131 \uae09\ub4f1 \ub300\ube44"},"content":{"rendered":"<p>\uc624\uc2a4\ud2f4 \uad74\uc2a4\ube44 \uc2dc\uce74\uace0 \uc5f0\ubc29\uc900\ube44\uc740\ud589(\uc5f0\uc740) \ucd1d\uc7ac\ub294 \uc218\uc694\uc77c(\ud604\uc9c0\uc2dc\uac04) \ubbf8\uad6d \uce98\ub9ac\ud3ec\ub2c8\uc544\uc5d0\uc11c \uc5f4\ub9b0 \u20182026 \ubc00\ucee8\uc5f0\uad6c\uc18c \uae00\ub85c\ubc8c \ucf58\ud37c\ub7f0\uc2a4\u2019\uc5d0\uc11c \uc5f0\uc124\ud558\uba70, \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8 \uc911\uc559\uc740\ud589)\uac00 \uc0dd\uc0b0\uc131 \uc0c1\uc2b9\uc774 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9)\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5\uc744 \ub450\uace0 \ub17c\uc758\ub97c \uc774\uc5b4\uac00\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n<p>\uadf8\ub294 \uc0dd\uc0b0\uc131 \ud5a5\uc0c1\uc73c\ub85c \uac00\uacc4\uac00 \uc55e\uc73c\ub85c \uc18c\ub4dd\uacfc \uc790\uc0b0(\ubd80)\uc758 \uc99d\uac00\ub97c \uae30\ub300\ud560 \uacbd\uc6b0 \uc9c0\ucd9c\uc744 \ub298\ub9b4 \uc218 \uc788\uc73c\uba70, \uc774\ub294 \ubb3c\uac00\ub97c \ub354 \ub04c\uc5b4\uc62c\ub9b4 \uc218 \uc788\ub2e4\uace0 \ub9d0\ud588\ub2e4.<\/p>\n<h3>\uc0dd\uc0b0\uc131\u00b7\ubb3c\uac00 \ub17c\uc7c1<\/h3>\n<p>\uadf8\ub294 \ub610 \uc0dd\uc0b0\uc131\uc774 \ubb3c\uac00\uc640 \uae08\ub9ac(\ub3c8\uac12)\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5\uc774 \ud55c \ubc29\ud5a5\uc73c\ub85c\ub9cc \uc815\ud574\uc9c0\uc9c0 \uc54a\uc73c\uba70, \uc0dd\uc0b0\uc131\u00b7\uc218\uc694\u00b7\uc784\uae08 \ub4f1 \uc5ec\ub7ec \uc694\uc778\uc774 \uc5b4\ub5bb\uac8c \uc804\uac1c\ub418\ub294\uc9c0\uc5d0 \ub530\ub77c \uacb0\uacfc\uac00 \ub2ec\ub77c\uc9c8 \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n<p>\uc5f0\uc900\uc774 \uc0dd\uc0b0\uc131 \uc0c1\uc2b9\uc774 \ubb3c\uac00\ub97c \u2018\uc790\uadf9\ud560\uc9c0(\uc0c1\uc2b9 \uc555\ub825)\u2019 \u2018\uc9c4\uc815\uc2dc\ud0ac\uc9c0(\ud558\ub77d \uc555\ub825)\u2019\ub97c \ub450\uace0 \uacf5\uac1c\uc801\uc73c\ub85c \ub17c\uc7c1\ud558\ub294 \uc0c1\ud669\uc740 \uc2dc\uc7a5\uc5d0 \ud070 \ubd88\ud655\uc2e4\uc131\uc744 \ub9cc\ub4e0\ub2e4. 2026\ub144 1\ubd84\uae30 \ube44\ub18d\uc5c5 \uc0dd\uc0b0\uc131(\ub18d\uc5c5\uc744 \uc81c\uc678\ud55c \ubd80\ubb38\uc5d0\uc11c \ub178\ub3d9 1\uc2dc\uac04\ub2f9 \uc0b0\ucd9c\uc774 \uc5bc\ub9c8\ub098 \ub298\uc5c8\ub294\uc9c0 \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c)\uc774 \uc5f0\uc728 3.5% \uae09\uc99d\ud588\uc9c0\ub9cc, 4\uc6d4 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(CPI\u00b7\uc18c\ube44\uc790\uac00 \uccb4\uac10\ud558\ub294 \ub300\ud45c \ubb3c\uac00 \uc9c0\ud45c)\ub294 3.1%\ub85c \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud574 \uc5f0\uc900\uc758 \ub2e4\uc74c \uc120\ud0dd\uc774 \uc0ac\uc2e4\uc0c1 \u2018\ubc18\ubc18\u2019\uc774\ub77c\ub294 \ud574\uc11d\uc774 \ub098\uc628\ub2e4. \uc774\uc5d0 \ub530\ub77c \ud5a5\ud6c4 \uc8fc\uc694 \uacbd\uc81c\uc9c0\ud45c \ubc1c\ud45c, \ud2b9\ud788 \ub2e4\uc74c \ubb3c\uac00 \uc9c0\ud45c\uc640 \uace0\uc6a9 \ubcf4\uace0\uc11c(\uc77c\uc790\ub9ac \uc99d\uac00\u00b7\uc2e4\uc5c5\ub960\u00b7\uc784\uae08 \ub4f1\uc744 \ub2f4\uc740 \ud1b5\uacc4)\uac00 \uc2dc\uc7a5 \ubcc0\ub3d9\uc744 \ud06c\uac8c \ud0a4\uc6b8 \uc218 \uc788\ub2e4.<\/p>\n<p>\uc774 \uac19\uc740 \ubd88\ud655\uc2e4\uc131 \uc18d\uc5d0 \uc2dc\uc7a5 \ubcc0\ub3d9\uc131\uc774 \ub192\uc544\uc9c8 \uac00\ub2a5\uc131\uc774 \uac70\ub860\ub41c\ub2e4. CBOE \ubcc0\ub3d9\uc131\uc9c0\uc218(VIX\u00b7S&#038;P500 \uc635\uc158 \uac00\uaca9\uc744 \ubc14\ud0d5\uc73c\ub85c \uc0b0\ucd9c\ud558\ub294 \u2018\uacf5\ud3ec\uc9c0\uc218\u2019\ub85c, \uc8fc\uc2dd\uc2dc\uc7a5 \ubcc0\ub3d9\uc131 \uae30\ub300\ub97c \ub098\ud0c0\ub0c4)\ub294 17 \ubd80\uadfc\uc5d0\uc11c \uc6c0\uc9c1\uc774\uace0 \uc788\uc73c\ub098, \ub2e4\uc74c \uc5f0\uc900 \ud68c\uc758\ub97c \uc55e\ub450\uace0 \ud22c\uc790\uc790\ub4e4\uc774 \ud3ec\uc9c0\uc158\uc744 \uc7ac\uc870\uc815\ud558\uba74 20\uc744 \uc6c3\ub3cc \uc218 \uc788\ub2e4\ub294 \uc804\ub9dd\uc774 \ub098\uc628\ub2e4. \ud30c\uc0dd\uc0c1\ud488(\uc8fc\uc2dd\u00b7\uae08\ub9ac\u00b7\uc9c0\uc218 \uac19\uc740 \uae30\ucd08\uc790\uc0b0\uc758 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uc0c1\ud488) \ud22c\uc790\uc790 \uc785\uc7a5\uc5d0\uc120 VIX \ucf5c\uc635\uc158(\ud2b9\uc815 \uac00\uaca9\uc73c\ub85c \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc744 \ub9e4\uc218\ud558\uac70\ub098 \ubcc0\ub3d9\uc131 \uc0c1\uc2b9\uc5d0 \uc720\ub9ac\ud55c \uc0c1\ud488\uc744 \ud65c\uc6a9\ud558\ub294 \uc804\ub7b5\uc774 \uac70\ub860\ub41c\ub2e4.<\/p>\n<p>\uae08\ub9ac \ud30c\uc0dd\uc2dc\uc7a5\uc5d0\uc11c\ub3c4 \uc774\ub7f0 \u2018\uc6b0\uc720\ubd80\ub2e8\u2019\uc774 \ubc18\uc601\ub418\uace0 \uc788\ub2e4. Fed funds futures(\uc5f0\ubc29\uae30\uae08\uae08\ub9ac \uc120\ubb3c\u00b7\ud5a5\ud6c4 \uc815\ucc45\uae08\ub9ac \uc218\uc900\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \uae30\ub300\ub97c \ubcf4\uc5ec\uc8fc\ub294 \uacc4\uc57d)\ub294 \ub2a6\uc5ec\ub984 \ubb34\ub835 \uae08\ub9ac \ub3d9\uacb0\uacfc \uc778\uc0c1 \uac00\ub2a5\uc131\uc744 \ube44\uc2b7\ud558\uac8c \ubc18\uc601\ud558\uace0 \uc788\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4. \uc774\uc5d0 \ud070 \ud3ed\uc758 \ubc29\ud5a5\uc131 \uc6c0\uc9c1\uc784 \uc5b4\ub290 \ucabd\uc5d0\uc11c\ub3c4 \uc218\uc775\uc774 \ub0a0 \uc218 \uc788\ub294 \uc635\uc158 \uc804\ub7b5\uc774 \uc5b8\uae09\ub41c\ub2e4. \uc608\ucee8\ub300 \uc2a4\ud2b8\ub798\ub4e4(\uac19\uc740 \ub9cc\uae30\u00b7\uac19\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uacfc \ud48b\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218)\uc774\ub098 \uc2a4\ud2b8\ub7ad\uae00(\uac19\uc740 \ub9cc\uae30, \ub2e4\ub978 \ud589\uc0ac\uac00\uc758 \ucf5c\uacfc \ud48b\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218)\uc744 SOFR \uc120\ubb3c(\ub2f4\ubcf4\ubd80 \uc775\uc77c\ubb3c \uae08\ub9ac \uae30\ubc18 \uc120\ubb3c\ub85c, \ubbf8 \ub2e8\uae30\uae08\ub9ac\uc758 \ub300\ud45c \uae30\uc900 \uc911 \ud558\ub098)\uc5d0 \uc801\uc6a9\ud558\ub294 \ubc29\uc2dd\uc774\ub2e4. \uc774\ub294 \uc5f0\uc900\uc774 \ubb3c\uac00\ub97c \uc7a1\uae30 \uc704\ud574 \uae08\ub9ac\ub97c \uc62c\ub9ac\ub4e0, \uc0dd\uc0b0\uc131 \ud6a8\uacfc\ub85c \ubb3c\uac00\uac00 \ub20c\ub9b0\ub2e4\uace0 \ubcf4\uace0 \uae08\ub9ac\ub97c \uc720\uc9c0\ud558\ub4e0 \ud070 \ubcc0\ub3d9\uc774 \ub098\uc624\uba74 \ub300\uc751\ud560 \uc218 \uc788\ub2e4.<\/p>\n<h3>\uc2dc\uc7a5 \ud5e4\uc9c0(\uc704\ud5d8\ud68c\ud53c) \uc804\ub7b5<\/h3>\n<p>\uc8fc\uc2dd \uce21\uba74\uc5d0\uc11c\ub3c4 \ub450 \uc2dc\ub098\ub9ac\uc624\ub294 \uc885\ubaa9\u00b7\uc9c0\uc218 \uc131\uacfc\ub97c \ud06c\uac8c \uac08\ub77c\ub193\uc744 \uc218 \uc788\ub2e4. 2022~2024\ub144 \uae30\uac04 \uc2dc\uc7a5\uc774 \uc5f0\uc900\uc758 \uc815\ucc45 \uc804\ud658(\ud53c\ubc97\u00b7\uae34\ucd95\uc5d0\uc11c \uc644\ud654 \ub610\ub294 \uadf8 \ubc18\ub300) \uc2e0\ud638\uc5d0 \uc5bc\ub9c8\ub098 \ubbfc\uac10\ud588\ub294\uc9c0\ub97c \uac10\uc548\ud558\uba74, \ud604\uc7ac \ud658\uacbd\ub3c4 \uc720\uc0ac\ud558\ub2e4\ub294 \uc9c0\uc801\uc774 \uc788\ub2e4. \uc774\uc5d0 \uc8fc\uc2dd \uc7a5\uae30 \ubcf4\uc720 \ud3ec\uc9c0\uc158\uc740 \uc9c0\uc218(\uc608: S&#038;P500)\uc5d0 \ub300\ud55c \uc678\uac00\uaca9(out-of-the-money) \ud48b\uc635\uc158(\ud604\uc7ac \uac00\uaca9\ubcf4\ub2e4 \ub0ae\uc740 \ud589\uc0ac\uac00\ub85c \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac) \ub9e4\uc218\ub85c \ubc29\uc5b4\ud558\ub294 \ubc29\uc548\uc774 \uc5b8\uae09\ub41c\ub2e4. \uc774\ub294 \uc608\uc0c1\ubcf4\ub2e4 \u2018\ub9e4\ud30c\uc801(\uae08\ub9ac \uc778\uc0c1\uc5d0 \uc801\uadf9\uc801\uc778)\u2019 \uacb0\uc815\uc774 \ub098\uc62c \uacbd\uc6b0\uc758 \ubcf4\ud5d8 \uc131\uaca9\uc744 \uac16\ub294\ub2e4.<\/p>\n<p>\uacfc\uac70 1990\ub144\ub300 \ud6c4\ubc18\uc5d0\ub294 \uc0dd\uc0b0\uc131 \ud638\ud669\uc774 \ub098\ud0c0\ub098\ub3c4 \ubb3c\uac00\uac00 \uae09\ub4f1\ud558\uc9c0 \uc54a\uc740 \uc0ac\ub840\uac00 \uc788\uc5c8\uc9c0\ub9cc, 2022\ub144 \uacf5\uae09\ub9dd \ucda9\uaca9(\ubb3c\ub958 \ucc28\uc9c8\u00b7\uc6d0\uc790\uc7ac \uc218\uae09 \ubd88\uc548 \ub4f1\uc73c\ub85c \ube44\uc6a9\uc774 \ub6f0\ub294 \ud604\uc0c1)\uc740 \ub2e4\ub978 \uad50\ud6c8\uc744 \ub0a8\uacbc\ub2e4. \ucd5c\uadfc \uc784\uae08 \uc0c1\uc2b9\ub960\uc774 \uc5f0\uc728 4.2%\ub85c \ub098\uc628 \uc810\uc740, \uc0dd\uc0b0\uc131 \uac1c\uc120\uc774 \ud604\uc7ac\ub294 \uc18c\ube44 \uc218\uc694 \ud655\ub300\uc640 \ubb3c\uac00 \uc555\ub825\uc73c\ub85c \uc774\uc5b4\uc9c0\uace0 \uc788\ub2e4\ub294 \uc8fc\uc7a5\uc5d0 \ud798\uc744 \uc2e3\ub294\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc774 \ucda9\ubd84\ud788 \ubc18\uc601\ud558\uc9c0 \ubabb\ud55c \u2018\ubb3c\uac00 \uc0c1\ubc29 \uc704\ud5d8\u2019\uc774 \ub354 \ud06c\ub2e4\ub294 \ud574\uc11d\uc73c\ub85c\ub3c4 \uc5f0\uacb0\ub41c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201c\uc0dd\uc0b0\uc131=\ubb3c\uac00 \uc548\uc815\u201d \ubbff\uc5b4\ub3c4 \ub420\uae4c? \uad74\uc2a4\ube44, \uc0dd\uc0b0\uc131 \uc0c1\uc2b9\uc774 \uc18c\ube44\u00b7\uc784\uae08 \ud1b5\ud574 \uc778\ud50c\ub808 \uc790\uadf9\ud560 \uc218 \uc788\ub2e4\uba70 \uc5f0\uc900 \ub0b4 \ub17c\uc7c1 \uc9c0\uc18d. \uae08\ub9ac \uacbd\ub85c \u2018\ubc18\ubc18\u2019, VIX\u00b7\uc635\uc158 \ud5e4\uc9c0 \uc218\uc694 \ud655\ub300.<\/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-46353","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\/46353","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=46353"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46353\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}