Question I've been wondering. Is it ok to buy into a bond fund like VBMFX right now in this low interest rate environment? If interest rates go up a lot in a

Question I've been wondering. Is it ok to buy into a bond fund like VBMFX right now in this low interest rate environment? If interest rates go up a lot in a year or two will my share price drop a lot and cancel out any gains from interest?