Should Bondholders Be Afraid of Rising Interest Rates?
While some market observers have been issuing warnings of a secular bear market in bonds since the height of the 2008 financial crisis, history and reason suggest that a well-diversified bond portfolio will ultimately benefit over time from higher interest rates.
How Will Fed Interest Rate Changes Impact Me?

When interest rates rise, there isn’t a person who doesn’t feel the impact, regardless of what’s in your investment portfolio.
Historical Highlights of the Federal Reserve
The federal banking system traces its origins to 1791, when Congress, at the urging of Alexander Hamilton, established the First Bank of the United States.