Genworth is overbought and could be poised to decline over bond losses

July 08, 2013 at 12:28 PM
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With the recent rise in interest rates, we may be getting a sneak preview of how institutions and investors alike will react to the eventual lifting of the Fed's heavy hand. Although many insurers have long pined for higher interest rates, companies like Genworth, with high bond exposure, may be hit hard by climbing interest rates.