Watch CNBC's expert panel instantly analyze the market's surprising reaction to the Fed hike

Watch CNBC's Federal Reserve guest panel react to the central bank's decision Wednesday to raise rates for the second time in three months.

Things got interesting as stocks rallied and bond yields actually went lower immediately following the decision. The panel explains why.

To watch the replay of the segment from CNBC's "Power Lunch" in its entirety, you must be a CNBC PRO subscriber.