Utilities Down As Treasury Yields Rise -- Utilities Roundup

12/04/17 04:57 PM EST

Shares of power-plant operators fell as passage of a tax bill in the U.S. Senate caused Treasury bond yields to rise. Utilities and Treasury yields have something of an inverse correlation as fixed-income investors often toggle between utilities and Treasurys based on yield comparisons.

--Rob Curran, rob.curran@dowjones.com

 

(END) Dow Jones Newswires

December 04, 2017 16:57 ET (21:57 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.