Ben Emons says US bond yields could rise as high as 7%

The 10-year Treasury yield is the return investors get from a US government bond that lasts 10 years.

Ben Emons says it could rise to 6% or even 7%, and he expects the Federal Reserve to raise rates further.

Higher yields can affect how investors choose where to put their money.

Emons also discusses bank stocks he favors before earnings reports.