{"id":254,"date":"2026-08-25T07:58:21","date_gmt":"2026-08-24T22:58:21","guid":{"rendered":"https:\/\/ktym-partners.jp\/?p=254"},"modified":"2026-08-25T07:58:21","modified_gmt":"2026-08-24T22:58:21","slug":"daily-morning-report-7","status":"publish","type":"post","link":"https:\/\/ktym-partners.jp\/?p=254","title":{"rendered":"Daily Morning Report"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong> 2026\u5e748\u670825\u65e5\u3000\u7c73\u8ca1\u52d9\u7701\u306b\u3088\u308b\u300c\u5bfe\u30a4\u30e9\u30f3\u7d4c\u6e08D-Day\u300d\u306e\u767a\u8868<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. \u6982\u8981\u30fb\u5e02\u5834\u306e\u30dd\u30a4\u30f3\u30c8<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u7c73\u653f\u6a29\u306b\u3088\u308b\u901a\u5546\u5727\u529b\u306e\u30a8\u30b9\u30ab\u30ec\u30fc\u30b7\u30e7\u30f3\u3001\u7c73\u8ca1\u52d9\u7701\u306b\u3088\u308b\u300c\u5bfe\u30a4\u30e9\u30f3\u7d4c\u6e08D-Day\u300d\u306e\u767a\u8868\u3001\u305d\u3057\u3066\u50b5\u5238\u5e02\u5834\u306b\u304a\u3051\u308b\u300c\u91d1\u878d\u6291\u5727\uff08Financial Repression\uff09\u300d\u3078\u306e\u8b66\u544a\u3068\u3044\u30463\u5927\u8981\u56e0\u304c\u8907\u96d1\u306b\u4ea4\u932f\u3059\u308b\u76f8\u5834\u5c55\u958b\u3068\u306a\u308a\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b2c1\u306b\u3001\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u306f\u30ab\u30ca\u30c0\u3068\u306e\u901a\u5546\u4ea4\u6e09\u6c7a\u88c2\u3092\u53d7\u3051\u3001\u30ab\u30ca\u30c0\u304b\u3089\u8f38\u5165\u3059\u308b\u81ea\u52d5\u8eca\u3001\u30c8\u30e9\u30c3\u30af\u3001\u81ea\u52d5\u8eca\u90e8\u54c1\u306b\u5bfe\u3059\u308b\u95a2\u7a0e\u7387\u3092\u6765\u5e741\u67081\u65e5\u304b\u3089\u73fe\u884c\u306e25%\u304b\u3089\u300c50%\u306b\u500d\u5897\u300d\u3055\u305b\u308b\u3068\u8868\u660e\u3002\u9577\u5e74\u306b\u308f\u305f\u308a\u4e00\u4f53\u5316\u3057\u3066\u304d\u305f\u5317\u7c73\u81ea\u52d5\u8eca\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\uff08GM\u3001\u30d5\u30a9\u30fc\u30c9\u3001\u30b9\u30c6\u30e9\u30f3\u30c6\u30a3\u30b9\u3001\u65e5\u7cfb\u30e1\u30fc\u30ab\u30fc\u306e\u5317\u7c73\u62e0\u70b9\u7b49\uff09\u306b\u5bfe\u3059\u308b\u7834\u58ca\u7684\u306a\u30b3\u30b9\u30c8\u5897\u30ea\u30b9\u30af\u304c\u6025\u901f\u306b\u6d6e\u4e0a\u3057\u307e\u3057\u305f\u3002\u30ab\u30ca\u30c0\u306e\u30ab\u30fc\u30cb\u30fc\u9996\u76f8\u306f\u300c\u7c73\u56fd\u306f\u30ab\u30ca\u30c0\u306e\u9244\u92fc\u3001\u30a2\u30eb\u30df\u3001\u81ea\u52d5\u8eca\u7523\u696d\u3092\u4e0d\u5f53\u306a\u6761\u4ef6\u3067\u7834\u58ca\u3057\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u300d\u3068\u5f37\u304f\u53cd\u767a\u3057\u3001\u300c\u6700\u3082\u75db\u307f\u3092\u4f34\u3046\u654f\u611f\u306a\u90e8\u5206\u3078\u306e\u5831\u5fa9\u95a2\u7a0e\u300d\u3092\u6e96\u5099\u3002\u4e2d\u56fd\u30e1\u30c7\u30a3\u30a2\u304c\u30ab\u30ca\u30c0\u306e\u5bfe\u7c73\u5831\u5fa9\u3092\u300c\u4e2d\u56fd\u6d41\u306e\u6b63\u5f53\u306a\u53cd\u6483\u300d\u3068\u79f0\u8cdb\u3059\u308b\u4e00\u65b9\u3001\u30e1\u30ad\u30b7\u30b3\u306e\u30b7\u30a7\u30a4\u30f3\u30d0\u30a6\u30e0\u5927\u7d71\u9818\u306f\u7c73\u56fd\u306e2\u6b63\u9762\u4f5c\u6226\u56de\u907f\u3092\u7a81\u3044\u3066\u5bfe\u7c73\u5408\u610f\u306b\u697d\u89b3\u7684\u306a\u59ff\u52e2\u3092\u793a\u3059\u306a\u3069\u3001\u5317\u7c73\u901a\u5546\u306e\u52e2\u529b\u56f3\u304c\u6fc0\u5909\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b2c2\u306b\u3001\u30d9\u30c3\u30bb\u30f3\u30c8\u7c73\u8ca1\u52d9\u9577\u5b98\u304c\u4e88\u544a\u901a\u308a\u8a18\u8005\u4f1a\u898b\u3092\u958b\u304d\u3001\u30a4\u30e9\u30f3\u306e\u56fd\u969b\u91d1\u878d\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306b\u300c\u7d4c\u6e08 head \u731b\u653b\u6483\u300d\u3092\u304b\u3051\u308b\u5305\u62ec\u5236\u88c1\u65b9\u91dd\u3092\u767a\u8868\u3002\u30c7\u30b8\u30bf\u30eb\u8cc7\u7523\u3001\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u3001\u91d1\u3001\u822a\u7a7a\u3001\u6d77\u904b\u306e5\u5206\u91ce\u3092\u751f\u547d\u7dda\u3068\u3057\u3066\u540d\u6307\u3057\u3057\u3001\u30a4\u30e9\u30f3\u3068\u53d6\u5f15\u3092\u7d9a\u3051\u308b\u7b2c\u4e09\u56fd\u306e\u4f01\u696d\u30fb\u91d1\u878d\u6a5f\u95a2\u306b\u5bfe\u3057\u3066\u3082\u30c9\u30eb\u6c7a\u6e08\u7db2\u304b\u3089\u306e\u7de0\u3081\u51fa\u3057\u3092\u8b66\u544a\u3057\u307e\u3057\u305f\u3002\u3057\u304b\u3057\u3001\u5236\u88c1\u306e\u5177\u4f53\u7684\u306a\u5bfe\u8c61\u30ea\u30b9\u30c8\u3084\u767a\u52d5\u6642\u671f\u304c\u660e\u793a\u3055\u308c\u306a\u304b\u3063\u305f\u3053\u3068\u304b\u3089\u3001\u30a2\u30c8\u30e9\u30f3\u30c6\u30a3\u30c3\u30af\u30fb\u30ab\u30a6\u30f3\u30b7\u30eb\u3084\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u30fb\u30a8\u30b3\u30ce\u30df\u30af\u30b9\u306e\u30a2\u30ca\u30ea\u30b9\u30c8\u306f\u300cMore show than tell\uff08\u5b9f\u614b\u3088\u308a\u6f14\u51fa\u304c\u5148\u884c\u3057\u3066\u304a\u308a\u3001\u305f\u3060\u306e\u8a00\u8449\u306b\u904e\u304e\u306a\u3044\uff09\u300d\u3068\u51b7\u6de1\u306b\u8a55\u4fa1\u3002\u5e02\u5834\u3067\u306f\u5730\u653f\u5b66\u30d7\u30ec\u30df\u30a2\u30e0\u304c\u4e00\u65e6\u5265\u843d\u3057\u3001\u539f\u6cb9\u5148\u7269\u76f8\u5834\u306fWTI\u304c1\u30d0\u30ec\u30eb\uff1d84.92\u30c9\u30eb\uff08\u524d\u65e5\u6bd4-2.5%\uff09\u3001\u30d6\u30ec\u30f3\u30c8\u539f\u6cb9\u304c91.91\u30c9\u30eb\uff08-2.6%\uff09\u3068\u5927\u5e45\u306b\u6025\u53cd\u843d\u3057\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b2c3\u306b\u3001\u7c73\u50b5\u5238\u5e02\u5834\u3067\u306f\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u5927\u624b\u30b7\u30bf\u30c7\u30eb\u30fb\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u30fc\u30ba\u304c\u3001\u7c73\u8ca1\u52d9\u7701\u306e\u9577\u671f\u56fd\u50b5\u8cb7\u3044\u623b\u3057\uff08Buybacks\uff09\u653f\u7b56\u3092\u300c\u91d1\u878d\u6291\u5727\uff08Financial Repression\uff09\u300d\u3068\u65ad\u3058\u3001\u300c\u4eba\u70ba\u7684\u306a\u5229\u56de\u308a\u6291\u5236\u306f\u56fd\u50b5\u3078\u306e\u9700\u7d66\u5727\u529b\u3092\u89e3\u6d88\u305b\u305a\u3001\u5358\u306b\u30c9\u30eb\u5b89\u3068\u8f38\u5165\u30a4\u30f3\u30d5\u30ec\u3078\u554f\u984c\u3092\u8ee2\u5ac1\u3057\u3066\u3044\u308b\u3060\u3051\u3060\u300d\u3068\u75db\u70c8\u306b\u6279\u5224\u3002\u4e00\u65b9\u3067\u8ca1\u52d9\u7701\u304c\u4e00\u822c\u52d8\u5b9a\uff08TGA\uff09\u306e\u624b\u5143\u8cc7\u91d1\u3092\u53d6\u308a\u5d29\u3057\u3066\u8cb7\u3044\u623b\u3057\u539f\u8cc7\u306b\u5145\u3066\u308b\u53ef\u80fd\u6027\u304c\u5831\u3058\u3089\u308c\u305f\u3053\u3068\u3067\u3001\u7c7310\u5e74\u50b5\u5229\u56de\u308a\u306f4.70%\uff08-4bp\uff09\u3078\u5c0f\u5e45\u4f4e\u4e0b\u3057\u307e\u3057\u305f\u3002S&amp;P 500\u306f7,652.86\uff08-0.3%\uff09\u3068\u8edf\u8abf\u63a8\u79fb\u304c\u7d9a\u3044\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. \u70ba\u66ff\u30fb\u91d1\u5229\u30fb\u30de\u30af\u30ed\u7d4c\u6e08\u52d5\u5411<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u30b7\u30bf\u30c7\u30eb\u306b\u3088\u308b\u300c\u91d1\u878d\u6291\u5727\uff08Financial Repression\uff09\u300d\u8b66\u544a\u3068\u30c9\u30eb\u3078\u306e\u6ce2\u53ca<\/strong>: \u30b7\u30bf\u30c7\u30eb\u30fb\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u30fc\u30ba\u306e\u6b27\u5dde\u30fb\u4e2d\u6771\u30fb\u30a2\u30d5\u30ea\u30ab\u50b5\u5238\u8cac\u4efb\u8005\u30ce\u30fc\u30b7\u30e3\u30c3\u30c9\u30fb\u30b7\u30e3\u30fc\u6c0f\u306f\u3001\u9867\u5ba2\u5411\u3051\u30ce\u30fc\u30c8\u3067\u300c\u9577\u671f\u50b5\u306e\u5229\u56de\u308a\u4e0a\u6607\u3092\u8cb7\u3044\u623b\u3057\u3067\u529b\u6280\u3067\u6291\u3048\u8fbc\u3082\u3046\u3068\u3059\u308b\u884c\u70ba\u306f\u3001\u8ca1\u653f\u60aa\u5316\u3078\u306e\u5e02\u5834\u306e\u61f8\u5ff5\u3092\u901a\u8ca8\u5e02\u5834\uff08\u30c9\u30eb\u58f2\u308a\uff09\u3068\u30a4\u30f3\u30d5\u30ec\u5727\u529b\u3078\u3068\u30b7\u30d5\u30c8\u3055\u305b\u308b\u3060\u3051\u3067\u3042\u308b\u300d\u3068\u8b66\u544a\u3002\u7c73\u56fd\u306e40\u5146\u30c9\u30eb\u516c\u7684\u50b5\u52d9\u3092\u62b1\u3048\u308b\u4e2d\u3067\u306e\u8cb7\u3044\u652f\u3048\u7b56\u304c\u3001\u9577\u671f\u7684\u306a\u30c9\u30eb\u306e\u4fe1\u8a8d\u4f4e\u4e0b\u3068\u901a\u8ca8\u6e1b\u4fa1\uff08Debasement\uff09\u3092\u62db\u304f\u30ea\u30b9\u30af\u3092\u5e02\u5834\u304c\u610f\u8b58\u3057\u59cb\u3081\u3066\u3044\u307e\u3059\u3002<br><\/li>\n\n\n\n<li><strong>\u7c7310\u5e74\u50b5\u5229\u56de\u308a4.70%\u3068TGA\u624b\u5143\u8cc7\u91d1\u6d3b\u7528\u5831\u9053<\/strong>: CNBC\u304c\u8ca1\u52d9\u7701\u9ad8\u5b98\u306e\u8a71\u3068\u3057\u3066\u300c\u9577\u671f\u50b5\u8cb7\u3044\u623b\u3057\u306e\u539f\u8cc7\u3068\u3057\u3066TGA\u306e\u624b\u5143\u8cc7\u91d1\u6d3b\u7528\u3092\u8996\u91ce\u306b\u5165\u308c\u3066\u3044\u308b\u300d\u3068\u5831\u3058\u305f\u3053\u3068\u3067\u3001\u77ed\u671f\u56fd\u50b5\uff08T\u30d3\u30eb\uff09\u306e\u8ffd\u52a0\u767a\u884c\u306b\u4f34\u3046\u77ed\u671f\u91d1\u5229\u4e0a\u6607\u61f8\u5ff5\u304c\u5f8c\u9000\u3057\u3001\u7c7310\u5e74\u50b5\u5229\u56de\u308a\u306f4.70%\uff08-4bp\uff09\u3078\u4f4e\u4e0b\u3002\u3057\u304b\u3057\u30d9\u30c3\u30bb\u30f3\u30c8\u9577\u5b98\u81ea\u8eab\u306f\u4f1a\u898b\u3067\u300c\u307e\u3060\u50b5\u5238\u30921\u672c\u3082\u8cfc\u5165\u3057\u3066\u3044\u306a\u3044\u300d\u3068\u660e\u8a00\u3092\u907f\u3051\u3066\u304a\u308a\u3001\u30aa\u30da\u306e\u5b9f\u52b9\u6027\u306b\u306f\u4e0d\u900f\u660e\u611f\u304c\u6b8b\u308a\u307e\u3059\u3002<br><\/li>\n\n\n\n<li><strong>\u70ba\u66ff\uff08\u30c9\u30eb\u5186\u30fbUSD\/JPY\uff09159.14\u5186\u3068\u65e5\u92809\u6708\u5229\u4e0a\u3052\u89b3\u6e2c\u306e\u518d\u71c3<\/strong>: \u30c9\u30eb\u5186\u306f159.14\u5186\u8fd1\u8fba\u3067\u5e95\u5805\u304f\u63a8\u79fb\u3002\u56fd\u5185\u3067\u306f\u5b89\u9054\u5143\u65e5\u9280\u5be9\u8b70\u59d4\u54e1\u304c\u300c\u65e5\u9280\u306f\u6b21\u56de9\u6708\u4f1a\u5408\u3067\u5229\u4e0a\u3052\u306b\u8e0f\u307f\u5207\u308b\u53ef\u80fd\u6027\u304c\u5927\u304d\u3044\u3002\u898b\u9001\u308c\u3070\u70ba\u66ff\u4ecb\u5165\u306e\u52b9\u679c\u304c\u5265\u843d\u3057\u3001\u5927\u5e45\u306a\u5186\u5b89\u304c\u518d\u71c3\u3059\u308b\u300d\u3068\u6307\u6458\u3002\u4eca\u903128\u65e5\uff08\u91d1\uff09\u306e\u6771\u4eac\u90fd\u533a\u90e8CPI\u3001\u305d\u3057\u3066\u30b8\u30e3\u30af\u30bd\u30f3\u30db\u30fc\u30eb\u4f1a\u8b70\u3067\u306e\u6c37\u898b\u91ce\u65e5\u9280\u526f\u7dcf\u88c1\u306e\u8b1b\u6f14\u5185\u5bb9\u3092\u7768\u307f\u3001\u65e5\u7c73\u91d1\u878d\u653f\u7b56\u306e\u6e29\u5ea6\u5dee\u3092\u5de1\u308b\u795e\u7d4c\u8cea\u306a\u653b\u9632\u304c\u7d9a\u3044\u3066\u3044\u307e\u3059\u3002<br><\/li>\n\n\n\n<li><strong>\u7c73\u56fd\u30fb\u5bfe\u4e2d\u904e\u5270\u751f\u7523\u80fd\u529b\u95a2\u7a0e\uff087.5%\uff09\u306e\u5c0e\u5165\u691c\u8a0e<\/strong>: \u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306f9\u6708\u306b\u4e88\u5b9a\u3055\u308c\u308b\u7fd2\u8fd1\u5e73\u56fd\u5bb6\u4e3b\u5e2d\u3068\u306e\u9996\u8133\u4f1a\u8ac7\u3092\u524d\u306b\u3001\u4e2d\u56fd\u306e\u904e\u5270\u751f\u7523\u80fd\u529b\u3092\u7406\u7531\u3068\u3059\u308b7.5%\u306e\u8ffd\u52a0\u95a2\u7a0e\u306e\u5c0e\u5165\u3092\u691c\u8a0e\u4e2d\u3002\u7b2c2\u6b21\u653f\u6a29\u4e0b\u306e\u5bfe\u4e2d\u95a2\u7a0e\u6c34\u6e96\u3092\u7d0420%\u3078\u623b\u3059\u72d9\u3044\u304c\u3042\u308a\u3001\u7c73\u4e2d\u901a\u5546\u95a2\u4fc2\u306e\u518d\u7dca\u8feb\u304c\u61f8\u5ff5\u3055\u308c\u307e\u3059\u3002<br><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. \u682a\u5f0f\u5e02\u5834\u30fb\u6ce8\u76ee\u4f01\u696d\u52d5\u5411\u3010\u65e5\u672c\u682a\u30fb\u7c73\u56fd\u682a\u3011<\/strong><br><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u7c73\u56fd\u682a\u5f0f\u5e02\u5834\uff08S&amp;P 500 7,652.86 \/ -0.3%\uff09\u3068\u81ea\u52d5\u8eca\u30fb\u95a2\u7a0e\u95a2\u9023\u682a\u306e\u52d5\u63fa<\/strong>: \u7c73\u52a0\u81ea\u52d5\u8eca\u95a2\u7a0e\u306e\u500d\u5897\uff0850%\uff09\u767a\u8868\u3092\u53d7\u3051\u3001\u5317\u7c73\u81ea\u52d5\u8eca\u5927\u624b\uff08GM\u3001\u30d5\u30a9\u30fc\u30c9\u3001\u30b9\u30c6\u30e9\u30f3\u30c6\u30a3\u30b9\uff09\u3084\u81ea\u52d5\u8eca\u90e8\u54c1\u30b5\u30d7\u30e9\u30a4\u30e4\u30fc\u306b\u4e0b\u843d\u5727\u529b\u304c\u6ce2\u53ca\u3002\u90e8\u54c1\u8abf\u9054\u3068\u5b8c\u6210\u8eca\u7d44\u307f\u7acb\u3066\u304c\u56fd\u5883\u3092\u8de8\u3050\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u306e\u69cb\u9020\u7684\u6253\u6483\u304c\u8b66\u6212\u3055\u308c\u3066\u3044\u307e\u3059\u3002<br><\/li>\n\n\n\n<li><strong>\u30e2\u30eb\u30ac\u30f3\u30fb\u30b9\u30bf\u30f3\u30ec\u30fc\uff08\u539f\u6cb9\u6025\u9a30\u304c\u7c73\u682a\u6700\u5927\u306e\u30ea\u30b9\u30af\u3068\u8b66\u544a\uff09<\/strong>: \u30e2\u30eb\u30ac\u30f3\u30fb\u30b9\u30bf\u30f3\u30ec\u30fc\u306e\u30c1\u30fc\u30d5\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u3001\u30de\u30a4\u30b1\u30eb\u30fb\u30a6\u30a3\u30eb\u30bd\u30f3\u6c0f\u306f\u300c\u4e2d\u6771\u60c5\u52e2\u306e\u7dca\u8feb\u306b\u4f34\u3046\u539f\u6cb9\u518d\u6025\u9a30\u304c\u7c73\u56fd\u682a\u5f0f\u5e02\u5834\u306b\u3068\u3063\u3066\u6700\u5927\u306e\u30c6\u30fc\u30eb\u30ea\u30b9\u30af\u3067\u3042\u308b\u300d\u3068\u6307\u6458\u3002\u539f\u6cb9\u9ad8\u306f\u50b5\u5238\u5229\u56de\u308a\u3092\u62bc\u3057\u4e0a\u3052\u3001FRB\u306e\u30a4\u30f3\u30d5\u30ec\u76ee\u6a19\u9054\u6210\u3092\u963b\u5bb3\u3059\u308b\u305f\u3081\u3001\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30ea\u30b9\u30af\u30d8\u30c3\u30b8\u3068\u3057\u3066\u30a8\u30cd\u30eb\u30ae\u30fc\u95a2\u9023\u682a\u306e\u4fdd\u6709\u3092\u5f37\u304f\u63a8\u5968\u3057\u307e\u3057\u305f\u3002<br><\/li>\n\n\n\n<li><strong>\u30d6\u30ed\u30fc\u30c9\u30b3\u30e0\uff08AVGO\u30fb\u30af\u30ec\u30b8\u30c3\u30c8\u30ea\u30b9\u30af\u3068CDS\u306e\u6025\u4e0a\u6607\uff09<\/strong>: \u30d6\u30ed\u30fc\u30c9\u30b3\u30e0\u306e5\u5e74\u7269CDS\uff08\u30af\u30ec\u30b8\u30c3\u30c8\u30fb\u30c7\u30d5\u30a9\u30eb\u30c8\u30fb\u30b9\u30ef\u30c3\u30d7\uff09\u304c8\u6708\u306b\u5165\u308a28bp\u6025\u4e0a\u6607\u3057\u3001\u30aa\u30e9\u30af\u30eb\u3084\u30b9\u30da\u30fc\u30b9X\u3092\u8d85\u3048\u308b\u30ea\u30b9\u30af\u4e0a\u6607\u3092\u8a18\u9332\u3002AI\u30a4\u30f3\u30d5\u30e9\u69cb\u7bc9\u3092\u5de1\u308b\u5de8\u984d\u306e\u30c7\u30c3\u30c8\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u4fdd\u8a3c\uff08\u6b8b\u4fa1\u4fdd\u8a3c\u30fb\u30b7\u30e3\u30c9\u30fc\u30af\u30ec\u30b8\u30c3\u30c8\uff09\u306b\u4f34\u3046\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u306e\u5076\u767a\u50b5\u52d9\u30ea\u30b9\u30af\u3092\u50b5\u5238\u30c8\u30ec\u30fc\u30c0\u30fc\u304c\u6df1\u523b\u306b\u53d7\u3051\u6b62\u3081\u59cb\u3081\u3066\u3044\u307e\u3059\u3002<br><\/li>\n\n\n\n<li><strong>\u65e5\u672c\u682a\u5f0f\u5e02\u5834\uff08\u65e5\u7d4c\u5e73\u5747\u3068\u30b5\u30e0\u30e9\u30a4\u50b5\u767a\u884c\u52d5\u5411\uff09<\/strong>: \u6771\u4eac\u5e02\u5834\u3067\u306f\u3001\u539f\u6cb9\u5148\u7269\u306e\u53cd\u843d\u3084\u7c73\u91d1\u5229\u306e\u4e00\u670d\u304c\u30cf\u30a4\u30c6\u30af\u682a\u306e\u8cb7\u3044\u623b\u3057\u8981\u56e0\u3068\u306a\u308b\u4e00\u65b9\u3001\u30ab\u30ca\u30c0\u81ea\u52d5\u8eca\u95a2\u7a0e50%\u554f\u984c\u304c\u5317\u7c73\u306b\u751f\u7523\u62e0\u70b9\u3092\u6301\u3064\u81ea\u52d5\u8eca\u95a2\u9023\u9298\u67c4\u306e\u91cd\u77f3\u306b\u3002\u307e\u305f\u3001\u30e1\u30ad\u30b7\u30b3\u653f\u5e9c\u304c2\u5e74\u3076\u308a\u306b\u6700\u59276\u672c\u306e\u30b5\u30e0\u30e9\u30a4\u50b5\uff08\u5186\u5efa\u3066\u5916\u50b5\uff09\u767a\u884c\u3092\u8a08\u753b\u3057\u3066\u3044\u308b\u3053\u3068\u304c\u5224\u660e\u3057\u3001\u65e5\u672c\u306e\u4f4e\u91d1\u5229\u74b0\u5883\u3092\u6d3b\u7528\u3057\u305f\u5916\u50b5\u8abf\u9054\u306e\u6d3b\u767a\u5316\u304c\u6ce8\u76ee\u3055\u308c\u3066\u3044\u307e\u3059\u3002<br><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4. \u6697\u53f7\u8cc7\u7523\u30fb\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3<\/strong><br><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u539f\u6cb9\u5e02\u5834\uff08WTI $84.92 -2.5% \/ \u30d6\u30ec\u30f3\u30c8 $91.91 -2.6%\u30fb\u5927\u5e45\u53cd\u843d\uff09<\/strong>: \u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u306e\u5bfe\u30a4\u30e9\u30f3\u5236\u88c1\u4f1a\u898b\u304c\u5177\u4f53\u7684\u63aa\u7f6e\u3092\u6b20\u304d\u300cMore show than tell\u300d\u3068\u53d7\u3051\u6b62\u3081\u3089\u308c\u305f\u3053\u3068\u304b\u3089\u3001\u5730\u653f\u5b66\u30ea\u30b9\u30af\u30d7\u30ec\u30df\u30a2\u30e0\u304c\u6025\u901f\u306b\u7e2e\u5c0f\u3002\u539f\u6cb9\u5148\u7269\u306f\u524d\u65e5\u306e\u9ad8\u5024\u570f\u304b\u30892.5%\u8d85\u306e\u6025\u53cd\u843d\u3092\u8a18\u9332\u3057\u307e\u3057\u305f\u3002\u3057\u304b\u3057\u3001\u30a4\u30a8\u30e1\u30f3\u30fb\u30d5\u30fc\u30b7\u6d3e\u306b\u3088\u308b\u7d05\u6d77\u822a\u8def\u3078\u306e\u8105\u5a01\u306b\u3088\u308a\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u304c\u559c\u671b\u5cf0\u8fc2\u56de\u3092\u5f37\u3044\u3089\u308c\u3066\u3044\u308b\u7269\u7406\u7684\u30dc\u30c8\u30eb\u30cd\u30c3\u30af\u306f\u89e3\u6d88\u3055\u308c\u3066\u304a\u3089\u305a\u3001\u9700\u7d66\u306e\u4e0b\u5024\u306f\u4f9d\u7136\u3068\u3057\u3066\u610f\u8b58\u3055\u308c\u3066\u3044\u307e\u3059\u3002<br><\/li>\n\n\n\n<li><strong>\u30b4\u30fc\u30eb\u30c9\uff08\u91d1\uff09\u30fb\u8cb4\u91d1\u5c5e\u5e02\u5834\uff08\u57fa\u8abf\u7684\u306a\u5f37\u6c17\u76f8\u5834\u3092\u7dad\u6301\uff09<\/strong>: \u30b7\u30bf\u30c7\u30eb\u304c\u6307\u6458\u3057\u305f\u300c\u91d1\u878d\u6291\u5727\u306b\u3088\u308b\u30c9\u30eb\u6e1b\u4fa1\u30ea\u30b9\u30af\u300d\u3084\u7c73\u4e2d\u30fb\u7c73\u52a0\u901a\u5546\u6226\u4e89\u306e\u6fc0\u5316\u3092\u80cc\u666f\u306b\u3001\u5b9f\u7269\u8cc7\u7523\u3068\u3057\u3066\u306e\u30b4\u30fc\u30eb\u30c9\u9700\u8981\u306f\u6975\u3081\u3066\u5805\u8abf\u3002ETF\u3078\u306e\u8cc7\u91d1\u6d41\u5165\u3068\u4e2d\u592e\u9280\u884c\u306e\u8cb7\u3044\u5897\u3057\u59ff\u52e2\u304c\u4e0b\u5024\u3092\u652f\u3048\u3066\u3044\u307e\u3059\u3002<br><\/li>\n\n\n\n<li><strong>\u6697\u53f7\u8cc7\u7523\uff08\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3 BTC\u30fb\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f324\u6642\u9593\u5e02\u5834\u306e\u53f0\u982d\uff09<\/strong>: \u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f74,000\u301c75,000\u30c9\u30eb\u306e\u9ad8\u5024\u570f\u3067\u63a8\u79fb\u3002\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u306e\u7279\u96c6\u8a18\u4e8b\u306b\u3042\u308b\u901a\u308a\u3001\u9031\u672b\u306e\u4e2d\u6771\u6709\u4e8b\u306e\u969b\u306b\u308224\u6642\u9593365\u65e5\u30ea\u30a2\u30eb\u30bf\u30a4\u30e0\u3067\u4fa1\u683c\u767a\u898b\u6a5f\u80fd\u3092\u63d0\u4f9b\u3057\u305f\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u5e02\u5834\u306e\u5b58\u5728\u611f\u304c\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u9593\u3067\u6539\u3081\u3066\u8a55\u4fa1\u3055\u308c\u3066\u3044\u307e\u3059\u3002<br><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5. \u8003\u5bdf\u30dd\u30a4\u30f3\u30c8\u3010\u91cd\u8981\u30c6\u30fc\u30de5\u9078\u3092\u5fb9\u5e95\u6df1\u6398\u308a\u3011<\/strong><br><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1. <strong>\u30ab\u30ca\u30c0\u81ea\u52d5\u8eca\u95a2\u7a0e50%\u500d\u5897\u304c\u5f15\u304d\u8d77\u3053\u3059\u300c\u5317\u7c73\u30e1\u30ac\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u306e\u5d29\u58ca\u300d<\/strong><br>\n<ul class=\"wp-block-list\">\n<li><em>\u80cc\u666f\u3068\u6df1\u5c64<\/em>: \u30ab\u30ca\u30c0\u88fd\u4e2d\u5927\u578b\u8eca\u306e\u95a2\u7a0e\u5f15\u304d\u4e0b\u3052\u4ea4\u6e09\u304c\u6c7a\u88c2\u3057\u305f\u7d50\u679c\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u81ea\u52d5\u8eca\u95a2\u7a0e\u309225%\u304b\u308950%\u3078\u500d\u5897\u3055\u305b\u308b\u3068\u8868\u660e\u3002\u30ab\u30fc\u30cb\u30fc\u9996\u76f8\u306f\u300c\u30ab\u30ca\u30c0\u7523\u696d\u306e\u7834\u58ca\u3092\u72d9\u3046\u4e0d\u5f53\u306a\u653b\u6483\u300d\u3068\u65ad\u3058\u5831\u5fa9\u3092\u660e\u8a00\u3002<br><\/li>\n\n\n\n<li><em>\u5e02\u5834\u3078\u306e\u5f71\u97ff\u3068\u6295\u8cc7\u8996\u70b9<\/em>: \u7c73\u56fd\u3068\u30ab\u30ca\u30c0\u306e\u81ea\u52d5\u8eca\u7523\u696d\u306f\u90e8\u54c1\u304c\u56fd\u5883\u3092\u4f55\u5ea6\u3082\u884c\u304d\u6765\u3059\u308b\u5b8c\u5168\u7d71\u5408\u578b\u30e2\u30c7\u30eb\u300250%\u95a2\u7a0e\u306f\u5b8c\u6210\u8eca\u4fa1\u683c\u306e\u66b4\u9a30\u3068\u81ea\u52d5\u8eca\u30e1\u30fc\u30ab\u30fc\uff08GM\u30fbFord\u7b49\uff09\u306e\u30de\u30fc\u30b8\u30f3\u5d29\u58ca\u3092\u62db\u304f\u3002\u81ea\u52d5\u8eca\u30fb\u90e8\u54c1\u30bb\u30af\u30bf\u30fc\u306e\u77ed\u671f\u7684\u306a\u6301\u3061\u9ad8\u5727\u7e2e\u304c\u8ce2\u660e\u3002<br><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>2. <strong>\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u306e\u300c\u5bfe\u30a4\u30e9\u30f3\u5236\u88c1D-Day\uff08More show than tell\uff09\u300d\u3068\u539f\u6cb9\u6025\u53cd\u843d\u306e\u6559\u8a13<\/strong><br>\n<ul class=\"wp-block-list\">\n<li><em>\u80cc\u666f\u3068\u6df1\u5c64<\/em>: \u5305\u62ec\u5236\u88c1\u306e\u4e88\u544a\u3067\u6025\u9a30\u3057\u3066\u3044\u305f\u539f\u6cb9\u5e02\u5834\u304c\u3001\u4f1a\u898b\u3067\u5177\u4f53\u7b56\u3084\u671f\u65e5\u304c\u793a\u3055\u308c\u306a\u304b\u3063\u305f\u3053\u3068\u3092\u53d7\u3051\u3066\u4e00\u6c17\u306b\u5931\u671b\u58f2\u308a\uff08WTI 84\u30c9\u30eb\u53f0\u3078-2.5%\u6025\u843d\uff09\u3002<br><\/li>\n\n\n\n<li><em>\u6295\u8cc7\u8996\u70b9<\/em>: \u5730\u653f\u5b66\u76f8\u5834\u306b\u304a\u3051\u308b\u300c\u671f\u5f85\u3067\u8cb7\u308f\u308c\u3001\u4e8b\u5b9f\uff08\u5177\u4f53\u6027\u6b20\u5982\uff09\u3067\u58f2\u3089\u308c\u308b\u300d\u5178\u578b\u7684\u306a\u5024\u52d5\u304d\u3002\u305f\u3060\u3057\u3001\u30b5\u30a6\u30b8\u539f\u6cb9\u306e\u559c\u671b\u5cf0\u8fc2\u56de\u306a\u3069\u7269\u7406\u7684\u306a\u7269\u6d41\u30ea\u30b9\u30af\u306f\u6b8b\u5b58\u3059\u308b\u305f\u3081\u3001\u30e2\u30eb\u30ac\u30f3S\u304c\u63a8\u5968\u3059\u308b\u3088\u3046\u306b\u62bc\u3057\u76ee\u3067\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u682a\u30d8\u30c3\u30b8\u306f\u4f9d\u7136\u3068\u3057\u3066\u6709\u52b9\u3002<br><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>3. <strong>\u30b7\u30bf\u30c7\u30eb\u304c\u544a\u767a\u3057\u305f\u300c\u7c73\u8ca1\u52d9\u7701\u306e\u91d1\u878d\u6291\u5727\uff08Financial Repression\uff09\u300d\u3068\u30c9\u30eb\u306e\u69cb\u9020\u7684\u4e0b\u843d\u30ea\u30b9\u30af<\/strong><br>\n<ul class=\"wp-block-list\">\n<li><em>\u80cc\u666f\u3068\u6df1\u5c64<\/em>: 40\u5146\u30c9\u30eb\u306e\u5de8\u984d\u50b5\u52d9\u3092\u62b1\u3048\u308b\u7c73\u56fd\u304c\u3001\u9577\u671f\u91d1\u5229\u3092\u6291\u3048\u308b\u305f\u3081\u306b\u56fd\u50b5\u8cb7\u3044\u623b\u3057\u3092\u5f37\u884c\u3059\u308b\u884c\u70ba\u306f\u3001\u5e02\u5834\u30e1\u30ab\u30cb\u30ba\u30e0\u306e\u6b6a\u66f2\uff08\u91d1\u878d\u6291\u5727\uff09\u3067\u3042\u308a\u3001\u6b6a\u307f\u306f\u3059\u3079\u3066\u300c\u30c9\u30eb\u5b89\u300d\u3068\u300c\u8f38\u5165\u30a4\u30f3\u30d5\u30ec\u300d\u306b\u5674\u51fa\u3059\u308b\u3002<br><\/li>\n\n\n\n<li><em>\u6295\u8cc7\u6226\u7565<\/em>: \u7c73\u56fd\u50b5\u306e\u9577\u671f\u4fdd\u6709\u30ea\u30b9\u30af\u3092\u518d\u8a8d\u8b58\u3057\u3001\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u4e00\u90e8\u3092\u30b4\u30fc\u30eb\u30c9, \u30b3\u30e2\u30c7\u30a3\u30c6\u30a3, \u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u7b49\u306e\u300c\u901a\u8ca8\u4fa1\u5024\u5e0c\u91c8\uff08Debasement\uff09\u8010\u6027\u8cc7\u7523\u300d\u3078\u914d\u5206\u3059\u308b\u91cd\u8981\u6027\u304c\u4e00\u6bb5\u3068\u9ad8\u307e\u3063\u3066\u3044\u308b\u3002<br><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>4. <strong>\u30d6\u30ed\u30fc\u30c9\u30b3\u30e0\u306eCDS\u6025\u4e0a\u6607\uff0828bp\u5897\uff09\u306b\u898b\u308b\u300cAI\u30b7\u30e3\u30c9\u30fc\u30af\u30ec\u30b8\u30c3\u30c8\u300d\u306e\u6642\u9650\u7206\u5f3e<\/strong><br>\n<ul class=\"wp-block-list\">\n<li><em>\u80cc\u666f\u3068\u6df1\u5c64<\/em>: AI\u30a4\u30f3\u30d5\u30e9\u62e1\u5927\u306e\u305f\u3081\u3001\u30c1\u30c3\u30d7\u30e1\u30fc\u30ab\u30fc\u81ea\u8eab\u304c\u9867\u5ba2\u306e\u5de8\u984d\u501f\u5165\u3092\u4fdd\u8a3c\uff08\u6b8b\u4fa1\u4fdd\u8a3c\u30fb\u30c7\u30c3\u30c8\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\uff09\u3059\u308b\u30b9\u30ad\u30fc\u30e0\u304c\u5e38\u614b\u5316\u3002\u30d6\u30ed\u30fc\u30c9\u30b3\u30e0\u306e\u30af\u30ec\u30b8\u30c3\u30c8\u30ea\u30b9\u30af\u4e0a\u6607\u306f\u3001AI\u6295\u8cc7\u304c\u5931\u6557\u3057\u305f\u969b\u306b\u534a\u5c0e\u4f53\u30e1\u30fc\u30ab\u30fc\u672c\u4f53\u306b\u640d\u5931\u304c\u9006\u6d41\u3059\u308b\u69cb\u9020\u7684\u8106\u5f31\u6027\u3092\u793a\u5506\u3002<br><\/li>\n\n\n\n<li><em>\u6295\u8cc7\u8996\u70b9<\/em>: \u4eca\u9031 26\u65e5\uff08\u6c34\uff09\u306e\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u6c7a\u7b97\u3092\u524d\u306b\u3001\u5358\u306a\u308b\u58f2\u4e0a\u9ad8\u3060\u3051\u3067\u306a\u304f\u300c\u9867\u5ba2\u5411\u3051\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u4fdd\u8a3c\u3084\u58f2\u639b\u50b5\u6a29\u306e\u5065\u5168\u6027\u300d\u306b\u6ce8\u8996\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002<br><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>5. <strong>\u65e5\u9280\u5b89\u9054\u5143\u59d4\u54e1\u306e\u300c9\u6708\u5229\u4e0a\u3052\u4e0d\u53ef\u907f\u8ad6\u300d\u3068\u30c9\u30eb\u5186160\u5186\u9632\u885b\u30e9\u30a4\u30f3\u306e\u653b\u9632<\/strong><br>\n<ul class=\"wp-block-list\">\n<li><em>\u80cc\u666f\u3068\u6df1\u5c64<\/em>: \u65e5\u9280OB\u304b\u3089\u300c9\u6708\u5229\u4e0a\u3052\u3092\u898b\u9001\u308c\u3070\u5927\u5e45\u306a\u5186\u5b89\u304c\u518d\u71c3\u3059\u308b\u300d\u3068\u306e\u30bf\u30ab\u6d3e\u727d\u5236\u30027\u6708\u5168\u56fdCPI\uff081.9%\uff09\u306e\u4f38\u3073\u3084\u307f\u305a\u307bFG\u306e\u5229\u4e0a\u3052\u4e88\u60f3\u3068\u5408\u81f4\u3002<br><\/li>\n\n\n\n<li><em>\u6295\u8cc7\u8996\u70b9<\/em>: \u30c9\u30eb\u5186\u304c159\u5186\u53f0\u3067\u81a0\u7740\u3059\u308b\u4e2d\u3001\u65e5\u9280\u304c9\u6708\u306b\u5229\u4e0a\u3052\uff080.50%\u3078\uff09\u3092\u5b9f\u884c\u3059\u308c\u3070\u3001\u4e00\u6642\u7684\u306a\u5186\u9ad8\u30b7\u30e7\u30c3\u30af\uff08\u5186\u30ad\u30e3\u30ea\u30fc\u5dfb\u304d\u623b\u3057\uff09\u304c\u767a\u751f\u3059\u308b\u53ef\u80fd\u6027\u3002FX\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u30b9\u30c8\u30c3\u30d7\u30ed\u30b9\u7ba1\u7406\u3068\u3001\u9280\u884c\u682a\uff08\u91d1\u5229\u9ad8\u6069\u6075\uff09\u306e\u62bc\u3057\u76ee\u8cb7\u3044\u691c\u8a0e\u304c\u7126\u70b9\u3002<br><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>2026\u5e748\u670825\u65e5\u3000\u7c73\u8ca1\u52d9\u7701\u306b\u3088\u308b\u300c\u5bfe\u30a4\u30e9\u30f3\u7d4c\u6e08D-Day\u300d\u306e\u767a\u8868 1. \u6982\u8981\u30fb\u5e02\u5834\u306e\u30dd\u30a4\u30f3\u30c8 \u7c73\u653f\u6a29\u306b\u3088\u308b\u901a\u5546\u5727\u529b\u306e\u30a8\u30b9\u30ab\u30ec\u30fc\u30b7\u30e7\u30f3\u3001\u7c73\u8ca1\u52d9\u7701\u306b\u3088\u308b\u300c\u5bfe\u30a4\u30e9\u30f3\u7d4c\u6e08D-Day\u300d\u306e\u767a\u8868\u3001\u305d\u3057\u3066\u50b5\u5238\u5e02\u5834\u306b\u304a\u3051\u308b\u300c\u91d1\u878d\u6291\u5727\uff08 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information"],"_links":{"self":[{"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=\/wp\/v2\/posts\/254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=254"}],"version-history":[{"count":1,"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=\/wp\/v2\/posts\/254\/revisions"}],"predecessor-version":[{"id":256,"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=\/wp\/v2\/posts\/254\/revisions\/256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=\/wp\/v2\/media\/255"}],"wp:attachment":[{"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktym-partners.jp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}