Alternatively you can also look at purchasing a rising-rate fund, such as the ProShares Short 20+ Year Treasury Bond Fund ( TBF), to hedge your fixed-income exposure. Precious Metals Another segment of the economy that is often affected by Federal Reserve commentary is the precious metals sector. The SPDR Gold Shares ( GLD) tracks the spot price of gold bullion and can often see large asset flows based on global sentiment. Typically investors flock to gold during times of economic uncertainty as a type of safe-haven play, similar to Treasury bonds. Gold is also known as an inflationary and currency hedge because of its physical asset qualities.