Today's rising US interest rates represent a welcome, natural correction after an extended period of artificially low rates. The bond market is re-establishing equilibrium, benefiting retirees and pension funds. The author argues current yields are within a normal range, reflecting inflation and economic conditions, not a crisis. The market's ability to find balance is highlighted, emphasizing its independence from central bank or political interference. This return to normalcy should be cheered, not feared, indicating a healthy financial environment despite adjustments for borrowers. A well-balanced bond market is something to cheer.