FIA Market Briefing

What this means for FIA rates: The 10-year Treasury held essentially flat at 4.69% this week with volatility contained, so FIA options budgets are unlikely to shift meaningfully in the near term. The yield curve is normal (+99 bps), a healthy sign for insurer long-term portfolio returns.

Rates likely holding steady. No major pressure in either direction — yields are flat and options costs are contained. The 10-year moved from 4.64% to 4.69% over the week, and VIX went from 14.63 to 15.44. The yield curve is positive (99bps spread) — a healthy sign for insurer portfolio returns. Status quo environment. Current rate offerings should remain stable in the near term.

• →Rate environment is stable — a good window to review existing FIA positions and consider reallocation.
• →With the S&P down 1.39% this week, this is a strong moment to highlight how FIAs protect against market losses while still offering upside participation.
• →With the 10-year at 4.69%, fixed-rate alternatives look competitive. Be ready to explain how FIA participation in market upside differentiates them from straight fixed annuities.