Bond yields have jumped over the past couple weeks, jolting investors. The rise has triggered worries that faster economic growth could generate inflation and pose a threat at a time when the S&P 500 is at valuation levels not seen since the dotcom bubble.

Jeff Powell, CIO, Managing Partner & Founder of Polaris Wealth & Jeremy Witbeck, Partner at Polaris whether the level of rates is becoming a threat to investors and equity valuations.