There are a bunch of threads on here about people who are 100% stocks. Some say it's fine if you are certain you won't sell when the market goes down. Others say it's risky. I've been 100% stocks since I started investing in 2000, so obviously I think it's possible for some people to stay the course. So that's a decision that you have to make personally.
If you're going to own bonds, and you've decided on an asset allocation, then you should stick with that allocation now, even if you think interest rates will go up (they will at some point obviously). Your time horizon is very long, so you will end up holding those bonds to maturity anyway, so the short term losses to interest rate changes won't affect your long term total return.
People generally advise holding all your bonds in tax advantaged accounts so that you aren't paying as much tax on dividends while you're still working.