The 30-Year Treasury Yield Just Hit a 19-Year High. Life Insurers Reinvest at Those Rates for Decades.

The 30-Year Treasury Yield Just Hit a 19-Year High. Life Insurers Reinvest at Those Rates for Decades.

Life insurers generally benefit from higher rates, but there are some negatives to consider.

Prudential benefits from 30-year Treasury yield hitting 19-year high

The 30-year Treasury yield hit 5.33%, a 19-year high. Life insurers like Prudential stand to benefit as they reinvest massive portfolios at

Treasury Bond Market Selloff Deepens As 30-Year Auction Hits Highest Yield Since 2001

The consensus framing around this week's Treasury bond market selloff centres on inflation data. That reading is not wrong, but it is incomplete: the more