Connect with us

Hi, what are you looking for?

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 [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Your email address will not be published.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

Follow Play Earnings CallPlay Earnings Call Disc Medicine, Inc. (IRON) Discusses ASH Conference Data Updates and Portfolio Progress Including Anemia and Iron Restriction Programs...

News

This article was written by Follow I am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk...