Geopolitics Alpha

Xenofontos: BOE’s Insurance Rate Hike Leaves Room for Another One, Warns Against More

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GEOPOLITICS ALPHAXenofontos: BOE’s Insurance RateHike Leaves Room for Another One,Warns Against MoreGEOPOLITICS ALPHA

Xenofontos: BOE’s Insurance Rate Hike Leaves Room for Another One, Warns Against More Kathleen Hays Presents: Central Bank Central

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-2.9% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “rate hike” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-1.2% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “rate hike” (US interest rates) in this story.

  • XLF Financial Select Sector SPDR-1.5% 30d

    Financial Select Sector SPDR: it holds insurers. Linked by “insurance” (insurers) in this story.

  • CB Chubb+10.2% 30d

    Chubb (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurance” (insurers) in this story.

  • JPM JPMorgan Chase+0.1% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story.

  • TRV The Travelers Companies+8.5% 30d

    The Travelers Companies (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurance” (insurers) in this story.

  • BAC Bank of America-11.4% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story.

  • AIG American International Group+8.6% 30d

    American International Group (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurance” (insurers) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-0.24%-0.19%baseafter closeafter closeafter closeafter close
IEF-0.38%-0.22%baseafter closeafter closeafter closeafter close
XLF+0.66%+3.52%baseafter closeafter closeafter closeafter close
CB+1.08%+2.50%baseafter closeafter closeafter closeafter close
JPM+1.86%+5.31%baseafter closeafter closeafter closeafter close
TRV+0.92%+3.55%baseafter closeafter closeafter closeafter close
BAC+0.30%+4.48%baseafter closeafter closeafter closeafter close
AIG+5.99%+5.07%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Xenofontos: BOE’s Insurance Rate Hike Leaves Room for Another One, Warns Against More Kathleen Hays Presents: Central Bank Central

Source: Kathleen Hays Presents: Central Bank Central

This story

CompanyWhenMoveStatus
AIGthree days earlier+5.07%final price
AIGfive days earlier+5.99%final price
BACthree days earlier+4.48%final price
BACfive days earlier+0.30%final price
CBthree days earlier+2.50%final price
CBfive days earlier+1.08%final price
IEFthree days earlier-0.22%final price
IEFfive days earlier-0.38%final price
JPMthree days earlier+5.31%final price
JPMfive days earlier+1.86%final price
TLTthree days earlier-0.19%final price
TLTfive days earlier-0.24%final price
TRVthree days earlier+3.55%final price
TRVfive days earlier+0.92%final price
XLFthree days earlier+3.52%final price
XLFfive days earlier+0.66%final price

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This story

12 out of 100

“Xenofontos: BOE’s Insurance Rate Hike Leaves Room for Another One, Warns Against More” scores 12 out of 100. The score uses 1 sources.