{"id":46565,"date":"2026-05-12T12:54:23","date_gmt":"2026-05-12T12:54:23","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%a4%91%eb%8f%99-%ea%b8%b4%ec%9e%a5-%ea%b3%a0%ec%a1%b0%c2%b7%ea%b5%ad%ec%b1%84-%ea%b3%b5%ea%b8%89-%eb%b6%80%eb%8b%b4%ec%97%90-%eb%af%b8-%ea%b5%ad%ec%b1%84%ea%b8%88%eb%a6%ac-%ec%83%81%ec%8a%b9\/"},"modified":"2026-05-12T12:54:23","modified_gmt":"2026-05-12T12:54:23","slug":"%ec%a4%91%eb%8f%99-%ea%b8%b4%ec%9e%a5-%ea%b3%a0%ec%a1%b0%c2%b7%ea%b5%ad%ec%b1%84-%ea%b3%b5%ea%b8%89-%eb%b6%80%eb%8b%b4%ec%97%90-%eb%af%b8-%ea%b5%ad%ec%b1%84%ea%b8%88%eb%a6%ac-%ec%83%81%ec%8a%b9","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%a4%91%eb%8f%99-%ea%b8%b4%ec%9e%a5-%ea%b3%a0%ec%a1%b0%c2%b7%ea%b5%ad%ec%b1%84-%ea%b3%b5%ea%b8%89-%eb%b6%80%eb%8b%b4%ec%97%90-%eb%af%b8-%ea%b5%ad%ec%b1%84%ea%b8%88%eb%a6%ac-%ec%83%81%ec%8a%b9\/","title":{"rendered":"\uc911\ub3d9 \uae34\uc7a5 \uace0\uc870\u00b7\uad6d\ucc44 \uacf5\uae09 \ubd80\ub2f4\uc5d0 \ubbf8 \uad6d\ucc44\uae08\ub9ac \uc0c1\uc2b9\u20264\uc6d4 \ubbf8\uad6d CPI \ubc1c\ud45c \ub300\uae30"},"content":{"rendered":"<p>\ubbf8\uad6d \uad6d\ucc44 \uae08\ub9ac\ub294 \uc911\ub3d9 \uc9c0\uc5ed \uae34\uc7a5 \uace0\uc870 \uc18c\uc2dd\uacfc \ud5a5\ud6c4 \uad6d\ucc44 \ubc1c\ud589 \ubb3c\ub7c9(\uacf5\uae09) \ud655\ub300 \uc804\ub9dd\uc744 \ubc18\uc601\ud574 \uc0c1\uc2b9\ud588\ub2e4. \uc2dc\uc7a5\uc758 \ucd08\uc810\uc740 4\uc6d4 \ubbf8\uad6d \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(CPI)\uac00 \ubbf8 \ub2ec\ub7ec\uc640 \uae08\ub9ac \uc804\ub9dd(\uae08\ub9ac \uacbd\ub85c)\uc5d0 \ubbf8\uce60 \uc601\ud5a5\uc73c\ub85c \uc62e\uaca8\uac14\ub2e4.<\/p>\n<p>TD\uc99d\uad8c\uc740 4\uc6d4 \uadfc\uc6d0 CPI(\ubcc0\ub3d9\uc131\uc774 \ud070 \uc5d0\ub108\uc9c0\u00b7\uc2dd\ub8cc\ud488\uc744 \uc81c\uc678\ud55c \ubb3c\uac00\uc0c1\uc2b9\ub960)\ub97c \uc804\uc6d4 \ub300\ube44 0.38%\ub85c \uc804\ub9dd\ud588\ub2e4. \uc774\ub294 \uc2dc\uc7a5 \ucee8\uc13c\uc11c\uc2a4(\uc804\ubb38\uac00 \ud3c9\uade0 \uc804\ub9dd\uce58) 0.36%\ub97c \uc6c3\ub3c8\ub2e4. \ud5e4\ub4dc\ub77c\uc778 CPI(\uc804\uccb4 CPI)\ub294 \uc804\uc6d4 \ub300\ube44 0.56%\ub85c \uc608\uc0c1\ud588\uc73c\uba70, \ucee8\uc13c\uc11c\uc2a4 0.6%\ubcf4\ub2e4 \ub0ae\ub2e4.<\/p>\n<h3>April CPI Expectations<\/h3>\n<p>\uadfc\uc6d0 CPI \uc804\ub9dd\uc740 \uc8fc\uac70\ube44(shelter, \uc784\ub300\ub8cc\u00b7\uc790\uae30\uc8fc\uac70\ube44 \ucd94\uc815\uce58 \ub4f1 \uc8fc\uac70 \uad00\ub828 \ube44\uc6a9)\uac00 \uc0b0\uc815 \ubc29\uc2dd(\ud1b5\uacc4 \uc791\uc131 \ubc29\ubc95) \uc870\uc815 \uc601\ud5a5\uc73c\ub85c \ubc18\ub4f1\ud560 \uc218 \uc788\ub2e4\ub294 \uac00\uc815\uc5d0 \uae30\ubc18\ud55c\ub2e4. \uc720\uac00\ub3c4 \ud56d\uacf5\uc694\uae08 \ub4f1 \uc77c\ubd80 \ud488\ubaa9 \uac00\uaca9\uc5d0 \uc2dc\ucc28\ub97c \ub450\uace0 \ubc18\uc601\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4.<\/p>\n<p>\uadfc\uc6d0 \uc7ac\ud654(Core goods, \uc5d0\ub108\uc9c0\u00b7\uc2dd\ub8cc\ud488\uc744 \uc81c\uc678\ud55c \uc0c1\ud488 \ubb3c\uac00)\ub294 \uad00\uc138(tariffs, \uc218\uc785\ud488\uc5d0 \ubd80\uacfc\ud558\ub294 \uc138\uae08) \uc601\ud5a5\uc774 \uc81c\ud55c\uc801\uc73c\ub85c\ub9cc \uc804\uac00(\uae30\uc5c5 \ube44\uc6a9 \uc99d\uac00\uac00 \uc18c\ube44\uc790 \uac00\uaca9\uc73c\ub85c \uc62e\uaca8\uac00\ub294 \ud604\uc0c1)\ub418\uba70 \ub0ae\uc740 \ud750\ub984\uc744 \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \ud5e4\ub4dc\ub77c\uc778 CPI\ub294 \ud718\ubc1c\uc720 \uac00\uaca9 \uac15\uc138\uc640, 3\uc6d4 \ubcf4\ud569 \uc774\ud6c4 \uc2dd\ub8cc\ud488 \uac00\uaca9 \uc0c1\uc2b9\uc774 \ub4b7\ubc1b\uce68\ud560 \uc804\ub9dd\uc774\ub2e4.<\/p>\n<h3>Rates Volatility And Positioning<\/h3>\n<p>\ud30c\uc0dd\uc0c1\ud488(derivatives, \uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uacc4\uc57d) \uac70\ub798\uc790 \uc785\uc7a5\uc5d0\uc11c\ub294 \u2018\uae08\ub9ac \uace0\uc810 \uc7a5\uae30\ud654(higher for longer, \uae08\ub9ac\uac00 \uc624\ub798 \ub192\uc740 \uc218\uc900\uc5d0 \uba38\ubb34\ub294 \uc0c1\ud669)\u2019 \uc2dc\ub098\ub9ac\uc624\uac00 \ub2e4\uc2dc \ud575\uc2ec\uc73c\ub85c \ub5a0\uc62c\ub790\ub2e4. \uc5ec\ub984 \uae08\ub9ac \uc778\ud558\uc5d0 \ub300\ud55c \ubca0\ud305\uc774 \ud06c\uac8c \uc904\uc5c8\uace0, \uc5f0\ubc29\uae30\uae08\uae08\ub9ac \uc120\ubb3c(Fed funds futures, \ubbf8 \uae30\uc900\uae08\ub9ac \uae30\ub300\ub97c \ubc18\uc601\ud558\ub294 \uc120\ubb3c)\uc740 \uccab \uc778\ud558 \uc2dc\uc810\uc744 \ub354 \ub4a4\ub85c \ubbf8\ub8e8\uace0 \uc788\uc73c\uba70 4\ubd84\uae30\uae4c\uc9c0 \ub2a6\ucdb0\uc9c8 \uac00\ub2a5\uc131\ub3c4 \uac70\ub860\ub41c\ub2e4. \uc774\uc5d0 \ub530\ub77c SOFR \uc120\ubb3c \uc635\uc158(\ubbf8\uad6d \ubb34\ub2f4\ubcf4 \uc775\uc77c\ubb3c \uae08\ub9ac(SOFR)\ub97c \uae30\uc900\uc73c\ub85c \ud55c \uc120\ubb3c\uc758 \uc635\uc158)\ucc98\ub7fc \ub2e8\uae30\uae08\ub9ac \uc635\uc158\uc740 \ub192\uc740 \uae08\ub9ac \uc9c0\uc18d\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc154\ub2dd(\ud22c\uc790 \ud3ec\uc9c0\uc158 \uad6c\uc131)\uc5d0 \uc911\uc694\ud574\uc84c\ub2e4.<\/p>\n<p>2025\ub144\uc5d0\ub3c4 \ud575\uc2ec \ubcc0\uc218\uc600\ub358 \uc5d0\ub108\uc9c0(energy) \ud56d\ubaa9\uc774 \ub2e4\uc2dc \ubd80\ub2f4\uc774\ub2e4. \ud638\ub974\ubb34\uc988 \ud574\ud611 \uae34\uc7a5\uc73c\ub85c \ube0c\ub80c\ud2b8\uc720(\ubd81\ud574\uc0b0 \uc6d0\uc720 \uae30\uc900\uac00\uaca9)\uac00 \ubc30\ub7f4\ub2f9 90\ub2ec\ub7ec\uc5d0 \uadfc\uc811\ud558\uba74\uc11c \ud5e4\ub4dc\ub77c\uc778 \ubb3c\uac00\uac00 \ub2e4\uc2dc \uae09\ub4f1\ud560 \uc704\ud5d8\uc774 \ucee4\uc9c0\uace0 \uc788\ub2e4. \uc774\ub294 \uae08\ub9ac \ud558\ub77d(\uc218\uc775\ub960 \ud558\ub77d) \uad6c\uac04\uc744 \uc27d\uac8c \ub099\uad00\ud558\uae30 \uc5b4\ub835\ub2e4\ub294 \uc2dc\uac01\uc744 \uac15\ud654\ud55c\ub2e4.<\/p>\n<p>\uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \ucc44\uad8c\uc2dc\uc7a5 \ub0b4\uc7ac\ubcc0\ub3d9\uc131(implied volatility, \uc635\uc158 \uac00\uaca9\uc5d0 \ub0b4\ud3ec\ub41c \ud5a5\ud6c4 \ubcc0\ub3d9\uc131 \uae30\ub300)\uc744 \uc8fc\uc2dc\ud560 \ud544\uc694\uac00 \uc788\ub2e4. \ubbf8 \uad6d\ucc44 \ubcc0\ub3d9\uc131\uc744 \ub098\ud0c0\ub0b4\ub294 MOVE \uc9c0\uc218(MOVE Index, \uad6d\ucc44 \uc635\uc158\uc744 \ubc14\ud0d5\uc73c\ub85c \uc0b0\ucd9c\ub418\ub294 \uae08\ub9ac \ubcc0\ub3d9\uc131 \uc9c0\ud45c)\ub294 \uc62c\ud574 \ucd08 \uc800\uc810\uc5d0\uc11c \uc0c1\uc2b9\uc138\ub2e4. \ud5a5\ud6c4 \ubb3c\uac00 \ubc0f \uace0\uc6a9 \uc9c0\ud45c\uac00 \uc608\ubbfc\ud55c \uc2dc\uc7a5\uc5d0 \ucda9\uaca9\uc744 \uc904 \uc218 \uc788\uc5b4, \uae08\ub9ac\uac00 \ud06c\uac8c \uc6c0\uc9c1\uc77c \ub54c \uc218\uc775\uc744 \ub0b4\ub294 \uc804\ub7b5\uc744 \uac80\ud1a0\ud560 \ub9cc\ud558\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\uc911\ub3d9 \uae34\uc7a5\u00b7\uad6d\ucc44 \uacf5\uae09 \ud655\ub300\uc5d0 \ubbf8 \uad6d\ucc44\uae08\ub9ac \uc0c1\uc2b9. \uc2dc\uc7a5\uc740 4\uc6d4 CPI\ub85c \ucd08\uc810 \uc774\ub3d9. TD\uc99d\uad8c, \uadfc\uc6d0 0.38%\ub85c \ucee8\uc13c \uc0c1\ud68c. \uc5d0\ub108\uc9c0\u00b7\uc8fc\uac70\ube44 \ubc18\ub4f1, \uc778\ud558 \uc9c0\uc5f0\u00b7\ubcc0\ub3d9\uc131 \ud655\ub300 \uacbd\uacc4.<\/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-46565","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\/46565","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=46565"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46565\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}