The bond market is finally paying attention to the 21 months (and counting) of ongoing rate hikes engineered by the world’s most powerful central bank. It took a while, but the Fed seems to have grabbed the attention of the fixed-income set to a degree that’s more than transitory. Maybe. But if the aura of higher short rates is beginning to take a toll on the long end, the gold market looks inclined to stay skeptical on what it all means.