Market Conditions Create a Fixed Annuity Buying Opportunity
October 24, 2022 by Scott Stolz
Fixed annuity sales hit a record $28.7 billion in the second quarter of this year, up 79% over the same quarter of last year, according to LIMRA’s annuity sales estimates.
Historically, fixed annuity sales have been highly correlated with 10-year Treasury rates. An accurate prediction of 10-year Treasury rates would lead to an accurate estimate of future fixed annuity sales. Higher rates have always led to higher fixed annuity sales.
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Originally Posted at ThinkAdvisor on October 21, 2022 by Scott Stolz.
Categories: Industry Articles