Today the Federal Reserve increased their policy rate. I wanted to reiterate something I mentioned earlier, that bonds don't necessarily fall when the central bank raises the interest rate. The market may have already priced in all of this.
Today, even though the benchmark rate went up, bonds went up as well (i.e. Fed raised rates and bond yields went down). TLT, the 20+ yr treasuries, is up +1.3% Gold is up as well.
Bond markets are forward looking. It could well be that the Federal Reserve keeps doing small rate increases like this, while bond funds also show good returns.