Worries over the 10-year Treasury yield have gripped the stock market so far this year.
On April 24, the yield hit 3% for the first time in four years, sending the S&P 500 down 1.3%. The stock market recovered in the following days.
As the 10-year Treasury yield rises, it makes stocks less attractive, according to Kristina Hooper, chief global market strategist at Invesco.
Hooper was a panelist on TheStreet's June Trading Strategies roundtable.
To watch the entire Trading Strategies roundtable click here.