{"id":49494,"date":"2026-06-09T18:23:33","date_gmt":"2026-06-09T18:23:33","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%8b%9b%ec%bc%80%ec%9d%b4-%ec%9d%bc%eb%b3%b8%ec%9d%80%ed%96%89-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-25bp-%ec%9d%b8%ec%83%81-%ec%8b%9c%ec%82%ac%ec%97%94%ed%99%94-%ec%95%88%ec%a0%95\/"},"modified":"2026-06-09T18:23:33","modified_gmt":"2026-06-09T18:23:33","slug":"%eb%8b%9b%ec%bc%80%ec%9d%b4-%ec%9d%bc%eb%b3%b8%ec%9d%80%ed%96%89-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-25bp-%ec%9d%b8%ec%83%81-%ec%8b%9c%ec%82%ac%ec%97%94%ed%99%94-%ec%95%88%ec%a0%95","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%8b%9b%ec%bc%80%ec%9d%b4-%ec%9d%bc%eb%b3%b8%ec%9d%80%ed%96%89-%ea%b8%b0%ec%a4%80%ea%b8%88%eb%a6%ac-25bp-%ec%9d%b8%ec%83%81-%ec%8b%9c%ec%82%ac%ec%97%94%ed%99%94-%ec%95%88%ec%a0%95\/","title":{"rendered":"\ub2db\ucf00\uc774 \u201c\uc77c\ubcf8\uc740\ud589, \uae30\uc900\uae08\ub9ac 25bp \uc778\uc0c1 \uc2dc\uc0ac\u2026\uc5d4\ud654 \uc548\uc815 \uc704\ud574 2027\ub144 \uad6d\ucc44 \ub9e4\uc785 \ucd95\uc18c \uc77c\uc2dc\uc911\ub2e8 \uac00\ub2a5\uc131\u201d"},"content":{"rendered":"<p>\ub77c\ubcf4\ubc45\ud06c\uc758 \uc81c\uc778 \ud3f4\ub9ac\ub294 \ub2c8\ucf00\uc774 \ubcf4\ub3c4\uac00 \uc77c\ubcf8\uc740\ud589(BOJ)\uc774 \ub2e4\uc74c \ud68c\uc758\uc5d0\uc11c \uc2dc\uc7a5 \uc608\uc0c1\ub300\ub85c 25bp \uae08\ub9ac \uc778\uc0c1\uc5d0 \ub098\uc124 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud558\ub294 \ud55c\ud3b8, 2027\ub144 4\uc6d4\ubd80\ud130 \uad6d\ucc44(JGB) \ub9e4\uc785 \ucd95\uc18c(\ud14c\uc774\ud37c\ub9c1)\ub97c \uc77c\uc2dc \uc911\ub2e8\ud558\ub294 \ubc29\uc548\ub3c4 \uac80\ud1a0\ud558\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4. BOJ\ub294 \ud14c\uc774\ud37c\ub9c1\uc5d0 \ub530\ub77c \uadf8 \uc2dc\uc810\uc758 JGB \ubcf4\uc720\uc561\uc774 \uc57d 16~17% \uac10\uc18c\ud560 \uac83\uc73c\ub85c \uc2dc\uc0ac\ud574\uc654\uc73c\uba70, \uc2e0\ubb38\uc740 \uc815\ucc45\ub2f9\uad6d\uc774 \uadf8 \uc218\uc900\uc5d0\uc11c \ucd94\uac00\uc801\uc778 \ucd95\uc18c\ub97c \uba48\ucd94\ub294 \ubc29\uc548\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub2e4\uace0 \uc804\ud588\ub2e4. \ubc30\uacbd\uc5d0\ub294 \uc778\ud50c\ub808\uc774\uc158 \ub300\uc751\uc5d0\uc11c BOJ\uac00 \ub4a4\ucc98\uc838 \uc788\ub2e4\ub294 JGB \uc2dc\uc7a5\uc758 \uc6b0\ub824\uc640, \uc7ac\uc815 \ubd80\uc591\uc774 \ucc44\uad8c \uacf5\uae09\uc744 \ub298\ub9b4 \uc218 \uc788\ub2e4\ub294 \ub9ac\uc2a4\ud06c\uac00 \uc788\ub2e4.<\/p>\n<p>\ubcf4\ub2e4 \uc548\uc815\uc801\uc778 JGB \uc2dc\uc7a5\uc740 \uc5d4\ud654(JPY) \ubcc0\ub3d9\uc131 \ud655\ub300 \uad6d\uba74\uc744 \uc904\uc77c \uc218 \uc788\uc73c\uba70, \ud2b9\ud788 \ud14c\uc774\ud37c\ub9c1 \uc77c\uc2dc \uc911\ub2e8\uc774 \uc2dc\uc7a5\uc774 \uade0\ud615\uc744 \ucc3e\ub294 \ub370 \ub354 \ub9ce\uc740 \uc2dc\uac04\uc744 \uc81c\uacf5\ud55c\ub2e4\uba74(\uacf5\uae09\uc774 \uae09\uaca9\ud788 \ub298\uc9c0 \uc54a\ub294\ub2e4\ub294 \uc804\uc81c\ud558\uc5d0) \uadf8 \ud6a8\uacfc\uac00 \ucee4\uc9c8 \uc218 \uc788\ub2e4. \ud3f4\ub9ac\ub294 \ud14c\uc774\ud37c\ub9c1\uc774 \uba48\ucd9c \uacbd\uc6b0 \uc5d4\ud654 \uc9c0\uc9c0\ub294 6\uc6d4 \ud68c\uc758\uc5d0\uc11c \ub354 \ube60\ub978 \uae08\ub9ac \uc778\uc0c1 \uacbd\ub85c\ub97c \uc2dc\uc0ac\ud558\ub294 \uac00\uc774\ub358\uc2a4\uc5d0 \ub354 \uc758\uc874\ud558\uac8c \ub420 \uc218 \uc788\ub2e4\uace0 \ub9d0\ud588\ub2e4. \ub2e4\ub9cc \uc774\ub780 \uc804\uc7c1\uacfc \uc5f0\uacc4\ub41c \uc131\uc7a5 \ud558\ubc29 \uc555\ub825\uc774 \uadf8 \uacbd\ub85c\ub97c \uc81c\uc57d\ud560 \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4. \ub77c\ubcf4\ubc45\ud06c\ub294 \uc62c\ud574 \ucd94\uac00 \uae08\ub9ac \uc778\uc0c1\uc744 \uc804\uc81c\ub85c 3\uac1c\uc6d4 \uc804\ub9dd\uc5d0\uc11c \ub2ec\ub7ec\/\uc5d4(USD\/JPY)\uc744 158\ub85c \uc81c\uc2dc\ud588\ub2e4.<\/p>\n<h3>\uc2dc\uc7a5\uc740 BOJ \uae08\ub9ac \uc778\uc0c1\uacfc \uc815\ucc45 \uac00\uc774\ub358\uc2a4\ub97c \uc8fc\uc2dc<\/h3>\n<p>\uc2dc\uc7a5\uc740 \uc77c\ubcf8\uc740\ud589\uc758 \uc784\ubc15\ud55c \ud1b5\ud654\uc815\ucc45\ud68c\uc758\ub97c \uc55e\ub450\uace0 \uc788\uc73c\uba70, \ucd5c\uadfc \ubcf4\ub3c4\ub4e4\uc740 25bp \uae08\ub9ac \uc778\uc0c1\uc774 \ub2e8\ud589\ub420 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4\ub294 \uc810\uc744 \uac15\ud558\uac8c \uc2dc\uc0ac\ud558\uace0 \uc788\ub2e4. \ud604\uc7ac OIS(\uc624\ubc84\ub098\uc774\ud2b8 \uc778\ub371\uc2a4 \uc2a4\uc651)\ub294 \uc774\ub7ec\ud55c \uc870\uce58\uac00 \uc774\ub904\uc9c8 \ud655\ub960\uc744 85%\ub85c \ubc18\uc601\ud558\uace0 \uc788\uc5b4, \uae08\ub9ac \uc778\uc0c1 \uc790\uccb4\ub294 \ub300\uccb4\ub85c \uc608\uc0c1 \ubc94\uc704\ub85c \ubc1b\uc544\ub4e4\uc5ec\uc9c0\uace0 \uc788\ub2e4. \ud575\uc2ec\uc740 \ud5a5\ud6c4 \uac00\uc774\ub358\uc2a4\uc640 \uc0c8\ub85c\uc6b4 \uc815\ucc45 \uc2e0\ud638\uac00 \ub420 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.<\/p>\n<p>\uc0c8\ub86d\uac8c \ubd80\uc0c1\ud55c \uace0\ub824\uc0ac\ud56d\uc740 BOJ\uac00 2027\ub144 4\uc6d4\ubd80\ud130 \uad6d\ucc44 \ubcf4\uc720 \ucd95\uc18c \uc18d\ub3c4\ub97c \uba48\ucd9c \uc218 \uc788\ub2e4\ub294 \uad00\uce21\uc774\ub2e4. \uc774\ub294 JGB \uc2dc\uc7a5\uc758 \uc548\uc815\uc131\uc744 \ub192\uc5ec \uc5d4\ud654\uc758 \uae09\uaca9\ud558\uace0 \uc608\uce21 \ubd88\uac00\ub2a5\ud55c \ubcc0\ub3d9 \uac00\ub2a5\uc131\uc744 \ub0ae\ucd94\uae30 \uc704\ud55c \uc870\uce58\ub85c \ud574\uc11d\ub41c\ub2e4. \uc774 \uc18c\uc2dd\uc73c\ub85c \uc774\ub0a0 \uc544\uce68 USD\/JPY 1\uac1c\uc6d4 \ub0b4\uc7ac\ubcc0\ub3d9\uc131\uc740 8.0% \uc544\ub798\ub85c \ud558\ub77d\ud55c \ubaa8\uc2b5\uc774\ub2e4.<\/p>\n<h3>\uc5d4\ud654 \ubcc0\ub3d9\uc131\uacfc \ud1b5\ud654\uc815\ucc45 \uacbd\ub85c\uc5d0 \ub300\ud55c \uc2dc\uc0ac\uc810<\/h3>\n<p>\uad6d\ucc44 \ud14c\uc774\ud37c\ub9c1 \uc77c\uc2dc \uc911\ub2e8\uc744 \uc2dc\uc0ac\ud560 \uacbd\uc6b0, BOJ\ub294 \uc5d4\ud654 \ubc29\uc5b4\ub97c \uc704\ud574 \uae08\ub9ac \uc778\uc0c1\uc5d0 \ub354 \ud06c\uac8c \uc758\uc874\ud574\uc57c \ud560 \uc218 \uc788\ub2e4. \uadf8\ub7ec\ub098 \ube0c\ub80c\ud2b8\uc720\uac00 \uc9c0\ub09c \ud55c \ub2ec\uac04 \ubc30\ub7f4\ub2f9 110\ub2ec\ub7ec\ub97c \uc6c3\ub3cc\uac8c \ub9cc\ub4e0 \uc774\ub780 \ubd84\uc7c1\uc740 \uc131\uc7a5\uc5d0 \uc0c1\ub2f9\ud55c \uc5ed\ud48d\uc73c\ub85c \uc791\uc6a9\ud558\uace0 \uc788\ub2e4. \uc774\ub294 \uc911\uc559\uc740\ud589\uc774 \uacf5\uaca9\uc801\uc778 \uc778\uc0c1 \uc0ac\uc774\ud074\uc744 \uc57d\uc18d\ud558\uae30 \uc5b4\ub835\uac8c \ub9cc\ub4e0\ub2e4.<\/p>\n<p>\uc774\ub294 \uacfc\uac70\uc5d0\ub3c4 \ubcf8 \uc801\uc774 \uc788\ub294 \uc804\uac1c\ub85c, 2023~2024\ub144 \uc218\uc775\ub960\uace1\uc120\ud1b5\uc81c(YCC)\ub97c \ub290\ub9ac\uac8c \ud574\uc81c\ud558\ub294 \uacfc\uc815\uc5d0\uc11c \ub098\ud0c0\ub0ac\ub358 \uc2dc\uc7a5\uc758 \uc694\ub3d9\uc744 \ub5a0\uc62c\ub9ac\uac8c \ud55c\ub2e4. BOJ\ub294 \uc758\ub3c4\ub97c \ucda9\ubd84\ud788 \uc0ac\uc804\uc5d0 \u2018\uc608\uace0\u2019\ud568\uc73c\ub85c\uc368 \ub2f9\uc2dc\uc640 \uac19\uc740 \ubcc0\ub3d9\uc131 \uc7ac\ud604\uc744 \ud53c\ud558\ub824\ub294 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \uc774\ub294 \uc810\uc9c4\uc801\uc774\uace0, \ucee4\ubba4\ub2c8\ucf00\uc774\uc158\uc774 \uc218\ubc18\ub41c \uc815\ucc45 \uc804\ud658\uc744 \uc120\ud638\ud55c\ub2e4\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\ub2e4.<\/p>\n<p>\ud5a5\ud6c4 \uc218\uc8fc\uac04 \uc774\ub294 \ubcf5\ud569\uc801\uc778 \uad6c\ub3c4\ub97c \ub9cc\ub4e4\uba70, USD\/JPY\uc758 \u2018\uc800\ud56d\uc774 \uc801\uc740\u2019 \ubc29\ud5a5\uc740 \uc5ec\uc804\ud788 \uc0c1\ubc29\uc774\uc9c0\ub9cc \ubcc0\ub3d9\uc131\uc740 \ub0ae\uc544\uc9c8 \uac83\uc774\ub77c\ub294 \uc804\ub9dd\uc73c\ub85c \uc774\uc5b4\uc9c4\ub2e4. \uc774\ub294 \uae09\uaca9\ud55c \ub3cc\ud30c\ubcf4\ub2e4\ub294 \uc644\ub9cc\ud55c \uc0c1\uc2b9 \ud750\ub984\uc5d0\uc11c \uc774\uc775\uc744 \uc5bb\ub294 \uc804\ub7b5\uc5d0 \ubb34\uac8c\ub97c \uc2e3\uac8c \ud55c\ub2e4. 3\uac1c\uc6d4 USD\/JPY 158 \uc804\ub9dd\uc740 \uc720\uc9c0\ub418\uc9c0\ub9cc, \uadf8 \uacfc\uc815\uc740 \ubcf4\ub2e4 \uc9c8\uc11c\uc815\uc5f0\ud558\uac8c \uc804\uac1c\ub420 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\ub294 \ud310\ub2e8\uc774\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cBOJ, 25bp \uc778\uc0c1 \uc720\ub825 \uc18d \u2018JGB \ud14c\uc774\ud37c\ub9c1\u2019 2027\ub144 \uc911\ub2e8 \uce74\ub4dc?\u201d \uc2dc\uc7a5 \uc548\uc815\uc73c\ub85c \uc5d4\ud654 \ubcc0\ub3d9\uc131 \uc644\ud654 \uae30\ub300\u2026\uc778\uc0c1 \uacbd\ub85c\ub294 \uc131\uc7a5 \uc5ed\ud48d\uc5d0 \uc81c\uc57d, \ub77c\ubcf4\ubc45\ud06c USD\/JPY 158 \uc804\ub9dd.<\/p>\n","protected":false},"author":87,"featured_media":47863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49494","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/49494","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=49494"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/49494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/47863"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=49494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=49494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=49494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}