Aggregate Bond ETF (NYSEMKT: AGG) and the Vanguard Total Bond Market ETF (NASDAQ: BND), have gained more than 2% in just over a week of trading this year. Things looked like they were going great for the stock market early Monday, as the S&P 500 (SNPINDEX: ^GSPC), Nasdaq Composite (NASDAQINDEX: ^IXIC), and Dow Jones Industrial Average (DJINDICES: ^DJI) all jumped out to big gains around midday. Even though the Federal Reserve has remained adamant about keeping monetary policy tight in order to fight inflation, the central bank's direct impact on rates is largely limited to those on short-term bonds.