The latest sharp selloff in U.S. Treasuries may be far from over, analysts say.
Stubborn inflation, shifting interest rate expectations, and changes in investor behavior could keep pressure on bond prices and drive yields higher.
The 10-year yield was last at 4.62%, with ING analysts predicting a move to 4.75%.
Inflation expectations are rising, reducing the likelihood of Fed rate cuts. Long-end Treasuries also face uncertainty.
