Former IMF Chief Economist Warns High Bond Yields May Persist As Fed Battles Inflation

Former IMF Chief Economist Kenneth Rogoff expects bond yields to stay high for a long time.

Rogoff warned the Fed "still has a fight ahead" to anchor inflation expectations.

Fundamentals point to having higher interest rates for a long time, per Rogoff.

Signs that higher rates "start feeding back into the real economy" could reverse the trend.

Rogoff said the economy has not "fallen apart" as much as expected with higher rates.