Fast Money Halftime Report Traders Reveal The Stocks They Would Buy Ahead Of Interest Rates Hike

, Josh Brown said that he would buy

in the rising interest rates environment. He explained that the stock has an almost perfect correlation to the Treasury yield index on a trailing 30 day basis. Brown added that 99 percent of all interest rate related products trade on the CME exchange. He thinks that if the interest rates increase

is going to benefit from increased trading activity. Brown revealed that the stock could be interesting for hedge funds and he said that Citadel has been buying it. If it jumps above $100, it is going to become interesting for the momentum traders and that could push the price even higher.

could also make a big move higher if the Fed makes the move, thinks Brown. Stephen Weiss believes that the

trade makes sense, but he sees banks as a better pick.