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Wednesday, May 29
"Higher interest rates and a steeper yield curve are the first items on all insurance company...
"Higher interest rates and a steeper yield curve are the first items on all insurance company CEO's Christmas lists," writes Scott Barlow in a piece titled, "How the U.S. Treasury market determines Manulife's (MFC +1.6%) stock price." It's eye on the Bloomberg, Credit Suisse ups price targets on MetLife (MET +2.3%), Hartford (HIG +1%), Aflac (AFL +1%), Ameriprise (AMP -0.3%), and Principal (PFG +1%). Others benefitting from a steeper curve: LNC and SLF.