The Fed's interest rate hike will directly lead to the upward trend of bond interest rate, and the income of bond funds mainly comes from the changes in net value and bond interest. Therefore, the Fed's interest rate hike will promote the rise of bond funds to a certain extent, which is a good thing. Bond funds are less volatile. Investors buy bond funds, preferably long-term investors. In the case of bad market conditions, they can consider allocating some bond funds to avoid the risks brought by market conditions. Extended information: The impact of the Fed's interest rate hike: The Fed is equivalent to the People's Bank of China and is the central banking system of the United States. The Fed's interest rate hike means that the deposit interest rate in the United States has increased. Because the dollar is an international currency, people will consider putting their deposits in banks to earn interest. Naturally, if the dollar in circulation decreases, the dollar will appreciate and the RMB will depreciate relatively. The impact of the Fed's interest rate hike on the market and the people is as follows: 1. If the Fed raises interest rates, the deposits in the bank will increase, so the amount used for market consumption will decrease, which will indirectly lead to a decrease in China's export trade volume; 2. After the Fed raises interest rates, the US dollar will appreciate, so other countries' currencies, including RMB, will depreciate in the short term in the money market, which will directly lead to the intensification of capital outflow in China; 3. If the dollar appreciates, the price of commodities denominated in dollars will fall. For example, the decline in foreign oil prices will indirectly have a negative effect on the adjustment of oil prices in China and have to be lowered; 4. In the long run, if the Fed raises interest rates for a period of time and then cuts interest rates, then the RMB will rise against the US dollar, foreign currencies such as RMB will rise, and a large amount of capital will flow into China. For ordinary people, the Fed's interest rate hike has no direct impact, and because of the value and importance of the RMB in the foreign exchange market, the RMB will not be greatly affected by depreciation, and the country will adjust its macroeconomic policies accordingly, so don't worry. The impact of the Fed's interest rate hike on the stock market; 1. For the American stock market, raising interest rates means raising deposit and loan interest rates. After the deposit interest rate is raised, investors are willing to deposit their funds in banks. However, after the loan interest rate increases, it will make it difficult for enterprises to raise funds, resulting in a decrease in cash flow, so the capital flowing into the stock market will decrease, which is bad for the stock market. 2. As far as the China stock market is concerned, if all the funds in the US market flow into banks, the funds in the stock market will be reduced, leading to a decline in the stock price. The United States is at the center of the global economy, and the decline of US stocks will affect the global stock market. 3. If the interest rate of the Federal Reserve is raised, mainland funds or foreign capital will flow into the US capital market, which will lead to the appreciation of the US dollar and the depreciation of the RMB, which is unfavorable to many enterprises. Especially for foreign trade enterprises, the depreciation of RMB means spending more money on raw materials, which is not conducive to the company's operation.