Connect with us

Hi, what are you looking for?

Investing

Utilities Up as Yields Fall on Powell Comments — Utilities Roundup

Shares of power producers rose as Treasury yields continued their retreat.

Comments from Federal Reserve Chairman Jerome Powell about the favorable moves in inflation were interpreted by market participants as a hint that the Fed was finished raising rates, weighing on Treasury yields. That made dividend rates on utilities more attractive to those seeking fixed incomes.

Write to Rob Curran at [email protected]

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published.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

You May Also Like

News

Play at the best online casino for real money to benefit from awesome games, massive bonuses, secure banking, and much more. You have loads...

News

Embark on an exhilarating journey for casino enthusiasts seeking seamless gaming experiences. Dive into a diverse array of classic and contemporary casino games effortlessly....

News

Pokerdom Casino is an online casino home to many of the best software providers, so players will have plenty to choose from when it...

News

Ставки на спорт и азартные игры привлекают миллионы людей по всему миру. Однако многие из них не осознают, как сильно эмоции могут влиять на...