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fixed annuities

Bond Market Fears Igniting Interest in Fixed Annuities

Categories: Finance

Bond-market-fears-igniting-interest-in-fixed-annuitiesDon’t call it a comeback, but fixed annuities are starting to pick up some buzz amid investors’ anxiety about the bond market. Investors have scurried away from bonds, yanking some $60 million from bond funds in June, according to the Investment Company Institute. Worries that the Federal Reserve would back off its bond-purchasing program and its low-interest-rate policy were the main drivers of the sell-off in bonds, which drove rates up...

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