The duration of high interest rates depends on many factors, including economic conditions, monetary policy, inflation expectations, and changes in global financial markets. The bond market usually reflects the market’s expectations of interest rate changes through bond prices and yields. Regarding the persistence of high interest rates, the bond market’s view is usually that high interest rates may not last too long. This is because high interest rates may lead to higher borrowing costs, which will have a negative impact on economic growth, and may also prompt central banks to adjust policies to stabilize the economy. Therefore, the bond market tends to believe that high interest rates will not be maintained for a long time, but will adjust as economic conditions and policies change.In short, the bond market’s view is that high interestrateconditionswillnotlastforever,butwillchangewithtimeandeconomicconditions.