What a rise in the interest rates means for markets

Markets tumbled Thursday as a pop in interest rates a day earlier helped push the Nasdaq Composite to its worst session since October. Liz Young, director of market strategy at BNY Mellon Investment Management, and Paul Hickey, co-founder of Bespoke Investment Group, joined "Squawk Box" on Friday to discuss what the rise in interest rates means for stocks. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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