With bond markets pricing in a rate hike from the Federal Reserve next month, some familiar exchange traded funds (ETFs) are starting to benefit. "The Federal Reserve states that it has a dual mandate for hiking interest rates, which is 2% inflation and full employment. UUP, which tracks the price movement of the U.S. dollar against a basket of currencies, including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc, is higher by 1.1% since last week's FOMC minutes indicated a June rate hike is a real possibility.