US Treasury yields are under pressure amid a brought market selloff.

Brian Rehling, Wells Fargo head of Global Fixed Income Strategy, notes that investors tend to flock to the fixed-income market when things are volatile, and Monday is no exception. When it comes to the 10-year Treasury (^TNX), Rehling thinks the yield will stay below 4% due to uncertainty around things like the election and geopolitical events. However, he doesn't expect it to fall below 3.5%, saying "I think we would need to see some really strong evidence that the economy here in the US is weakening at a much faster pace or something breaks."

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This post was written by Stephanie Mikulich.