There are good reasons why higher bond yields are here to stay, this strategist says

Higher bond yields are sticking around due to a mix of reduced demand, increased supply, and significant policy uncertainty, according to a market strategist. This shift signals a broader economic trend where investors are seeking more return for taking on the risk of long-duration bonds. Such changes in bond yields have implications for interest rates, mortgage rates, and overall economic growth, making it crucial for investors and policymakers to stay attuned to these shifts.