# How Bonds Work Page: https://stenobird.com/podcast/talking-real-money-investing-talk-201087/how-bonds-work Text version: https://stenobird.com/podcast/talking-real-money-investing-talk-201087/how-bonds-work.md Podcast: [Talking Real Money - Investing Talk](https://stenobird.com/podcast/talking-real-money-investing-talk-201087) Published: 2026-06-11T16:00:00+00:00 Episode link: https://www.buzzsprout.com/2607021/episodes/19320916-how-bonds-work.mp3 Audio file: https://www.buzzsprout.com/2607021/episodes/19320916-how-bonds-work.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/talking-real-money-investing-talk-201087/episodes/how-bonds-work Duration seconds: 1697 ## Resource Don and Tom tackle rising bond yields and the anxiety they create for investors, explaining why higher bond yields mean lower bond prices and why recent moves in long-term Treasury rates have sparked comparisons to the period before the 2008 financial crisis. They discuss inflation fears, interest rate policy, and why investors should be cautious about reading too much into bond market movements as predictors of future stock returns. The conversation reinforces the role of bonds as portfolio ... ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/talking-real-money-investing-talk-201087/episodes/how-bonds-work/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/talking-real-money-investing-talk-201087/how-bonds-work.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.