The desirable properties for tokens is that they have some means of verifying their integrity, that they are being sent by the authorized party, and that they are being consumed by the authorized recipient.
A "reusable" bearer JWT with a particular audience satisfies all three - as long as the channel and the software are properly protected from inspection/exfiltration. Native clients are often considered properly protected (even when they open themselves up to supply chain attacks by throwing unaudited third party libraries in); browser clients are a little less trustworthy due to web extensions and poor adoption of technologies like CSP.
A proof of possession JWT (or auxiliary mechanisms like DPoP) will also satisfy all three properties - as long as your client won't let its private key be exfiltrated.
It is when you can't have all three properties that you start looking at other risk mitigations, such as making a credential one time use (e.g. first-use-wins) when you can't trust it won't be known to attackers once sent, or limiting validity times under the assumption that the process of getting a new token is more secure.
Generally an extremely short lifetime is part of one-time-use/first-use-wins, because that policy requires the target resource to be stateful. Persisting every token ever received would be costly and have a latency impact. Policy compliance is an issue as well - it is far easier to just allow those tokens to be used multiple times, and non-compliance will only be discovered through negative testing. Five minutes is a common value here, and some software will reject a lifetime of over an hour because of the cost of enforcing the single use policy.
I haven't seen recommendations for single-digit minute times for re-issuance of a multi-use bearer token though (such as for ongoing API access). Once you consider going below 10 minutes of validity there, you really want to reevaluate whatever your infrastructure requirements were that previously ruled out proof-of-possession (or whether your perceived level of risk-adversity is accurately represented in your budget)