As the President of Security Distributors, an affiliate of Security Benefit, David manages all distribution and marketing for our wholesaled channels, including broker/dealers, banks, and retirement plans.
The dismal performance of the bond market this year, lackluster earnings in Q1, inflation fears and additional expected rate hikes all contribute to an environment where consumers are preparing for more volatility.
Higher rates could lead to big increases in yields on the trillions of dollars of bonds in life insurers' investment portfolios.