“While the Fed action will benefit the stock market, we still have continuing issues in Europe and slower growth in China — as you look around the world globally there’s still plenty to be concerned about,” remarked Scott Graham, head of government bond trading at BMO Capital Markets.

iShares Barclays 7-10 Year Treasury Bond Fund (NYSEArca: IEF)

For more information on Treasuries, visit our U.S. Treasury category.

Max Chen contributed to this article.