Investing

Utilities Down on Treasury Yield Concerns — Utilities Roundup

Shares of power producers fell sharply as traders rotated back into cyclical sectors.

Treasury yields lingered at multiyear highs, diminishing demand for dividend-oriented utility stocks. The yield on the 10-year Treasury note closed at its highest level since 2007.

Write to Rob Curran at rob.curran@dowjones.com

Read the full article here

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

News

This article was written by Follow Beyond Saving is a professional in commercial real estate providing research on REITs with a focus on properties...

News

This article was written by Follow I’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared...

Copyright © 2023 Repay Down. All Rights Reserved.

Exit mobile version