Utilities Down as Treasury Yields Rise - Utilities Roundup
Shares of power producers fell as short-term Treasury yields rose in the wake of inflation data.
The utilities sector has been hammered for much of the year by the ascent of Treasury yields.
Investors anticipate more increases in the coming months as the latest wave of inflation necessitates Federal Reserve rate hikes.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 14, 2026 16:57 ET (20:57 GMT)
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