Life insurers Lincoln National (LNC -4.5%) and MetLife (MET -2.9%) slide as investors question...

|About: Lincoln National Corporation (LNC)|By:, SA News Editor

Life insurers Lincoln National (LNC -4.5%) and MetLife (MET -2.9%) slide as investors question how they can maintain bond portfolio income after the Fed said its benchmark rate would stay low until late 2014. U.S. life insurers hold more than $2T in bonds including corporate debt, munis and mortgage-linked assets, which they use to cover policyholder obligations and generate profits.