Utilities Up as Treasury Yields Retreat - Utilities Roundup
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Dow Jones
Shares of power producers rose as Treasury yields retreated from their recent highs.
The yields on rate-sensitive two-year and ten-year Treasurys saw their largest increases in roughly a month, as investors recalibrated rate expectations based on the strength of economic data.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
May 24, 2024 17:32 ET (21:32 GMT)
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