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Bond market volatility likely to remain high: Strategist

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The U.S. 10-year Treasury note yield (^TNX) continues to rise. Charles Schwab Chief Fixed Income Strategist Kathy Jones says that given strong economic data,...

) continues to rise. Charles Schwab Chief Fixed Income Strategist Kathy Jones says that given strong economic data, there is a risk the 10-year yield could reach 5%. However, with yields that high, Jones finds them"pretty attractive" for investors looking for income. Jones tells Yahoo Finance that bond market volatility has been elevated and will likely continue to be due to"uncertainty about the direction of policy, this dysfunction in Washington is not helping.

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