12.08.2013 16:44:00
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Moody's: Rising interest rates fail to improve Q2 CDS-implied ratings gap of US life insurers
New York, August 12, 2013 -- Movements in the CDS-implied ratings gap for US life insurers have moderately correlated with changes in the 10-year Treasury rate, but this relationship has weakened in recent quarters despite rising US interest rates, says Moody's Investors Service in its latest special comment "Q2 2013 CDS Insurance Spreads: U.S. Interest Rates and Italy's Generali in Focus."