A weak feature is observed in the Raman spectra of single-wall carbon nanotube bundles at a frequency between 1410 and 1430 cm1. The band shifts slightly toward lower frequencies as the excitation energy increases from 2.17 to 2.71 eV. An inverse correlation is found between the frequency of the band and that of the average radial-breathing mode, indicating a dependence on the nanotube diameter. The frequency can be extrapolated quadratically to 1487 cm1 for infinite diameter. Two different hypotheses are considered, ascribing the band to modes around either K or M points of the graphite dispersion relations. The appearance of a band close to 1480 cm1 in defective graphite and its dependence with the laser energy, as well as the strong sensitivity of high-frequency K-point modes to structural or impurity defects, support the interpretation of the mode as arising from for the upper phonon branch of graphite around the K point activated by the double-resonance mechanism.