{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Art of Investing","title":"Will Bond Vigilantes end the Equity Bull Market?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/1e447cf5\"></iframe>","width":"100%","height":180,"duration":3338,"description":"📊 The Art of Investing Survey – Fill in the form here, we’d love your feedback:\nhttps://forms.office.com/e/tCyxzN48Ks\n📈 Download the full Portfolio Performance Slides\nView the portfolio breakdown: here\n📧 Get in touch: theartofinvesting@ig.com\n📱 Behind the scenes: @_theartofinvesting on TikTok\n🎧 Listen on: Apple, Spotify, YouTube \n\nThis week on The Art of Investing, attention turns to the bond market as rising real yields begin to create a new challenge for investors.\nChris breaks down what real yields actually are, why they are moving higher and how increasingly attractive returns from government bonds could eventually start competing with equities for investors’ capital.\nThe team also unpack the US Treasury’s latest intervention in the bond market, likening the move to a modern-day “Operation Twist”, and debate whether policymakers can successfully push down longer-term yields when borrowing demand remains so high.\nAlongside the bond discussion, Mark reviews a busy week across markets, from a weaker US dollar and a rebound in Bitcoin and Ethereum to Moderna’s extraordinary rally. The team also answer listener questions on whether it’s too late to start following the portfolio, how they use moving averages to inform investment decisions, and the role currency hedging can play when investing overseas.\nThis Week’s Highlights:\n💰 Why Real Yields Matter\nChris explains the difference between nominal and inflation-linked bonds, and why rising real yields could become increasingly important for equities and other risk assets.\n\n🔄 Operation Twist Returns\nThe team unpack the US Treasury’s plan to increase long-term bond buybacks while issuing more short-dated debt, and why they believe the intervention matters for markets.\n\n🏦 The Competition for Capital\nWith governments and major technology companies borrowing heavily, the team discuss why growing demand for capital is pushing yields higher and creating a more challenging backdrop for investors.\n\n📉 When Do Bonds Become Too...","thumbnail_url":"https://img.transistorcdn.com/thywArVFDknjVUW9JEkpwtTGr3zY240Mo7hbQ7_Y3qM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82NzU5/ZjBhMzdkMWU1MTMy/OWMxNTk1OGU4ZjU2/YWYwZC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}