What are the effects of the FED increase of interest rates on the bonds market?

What are the effects of the FED increase of interest rates on the bonds market?
Explain in your own words what is the relationship between the bond interest rate and its price. What would be the effect of an increase in interest rate on the price of a bond?
Summarize the following article which explores the effects of the Federal reserve Bank policy to increase interest rate on the fixed income returns.
http://money.usnews.com/investing/articles/2015-12-23/fixed-income-prospects-after-the-fed-rate-hike