# Signal over Noise: Will higher rates derail the equity rally?

Page: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/signal-over-noise-will-higher-rates-derail-the-equity-rally
Text version: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/signal-over-noise-will-higher-rates-derail-the-equity-rally.md
Podcast: [UBS On-Air: Market Moves](https://stenobird.com/podcast/ubs-on-air-market-moves-2992243)
Published: 2026-05-17T19:20:00+00:00
Episode link: https://www.ubs.com/content/dam/podcasts/wma/260517-signal-over-noise.mp3
Audio file: https://www.ubs.com/content/dam/podcasts/wma/260517-signal-over-noise.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/ubs-on-air-market-moves-2992243/episodes/signal-over-noise-will-higher-rates-derail-the-equity-rally
Duration seconds: 272

## Resource

After a week marked by rising bond yields and a steepening US yield curve, markets are weighing whether higher rates are a true signal or just noise for equities. We discuss why, despite the move in rates, the US equity bull market remains supported by strong global government spending, resilient consumer spending, and continued corporate investment in areas like AI. History shows that equity markets can withstand rate increases as long as growth stays solid. Tune in at the start of the trading week for this regular market outlook from Ulrike Hoffmann-Burchardi, Chief Investment Officer for the Americas and Global Head of Equities. Recorded on 17 May 2026.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/ubs-on-air-market-moves-2992243/episodes/signal-over-noise-will-higher-rates-derail-the-equity-rally/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/signal-over-noise-will-higher-rates-derail-the-equity-rally.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.