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New York Stock Exchange traders in October 2023, watching indexes on monitors.
The bond market sell-off may not end anytime soon, Barclays said.

ANGELA WEISS / Getty Contributor

  • The US 10-year Treasury yield touched 4.9% on Wednesday, the highest mark since 2007.
  • In a note to clients, Barclay's strategists cautioned that yields won't come down anytime soon. 
  • They said two things need to happen for the bond sell-off to reverse and yields to come down. 

Bond markets have seen spasms of volatility in recent weeks, with long-dated Treasury yields touching their highest level in 16 years as investors adjust to the higher-for-longer interest rate outlook. 

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Markets, mi-exclusive, Markets, Bonds, bond-market, Debts, Yields, bond-yields, treasury-market, Treasuries, Auction, Traders, Barclays, wall-street, Investors, sell-off, Stocks, Forecast, Recession, federal-reserve, fed-rate-hikes, interest-rates, bond-auction
Source
Bond yields are hitting multiyear highs. Don't expect them to fall soon.