Shares of power producers rose as reports of a likely U.S.-Iran peace deal quelled rate fears.
Shares of power producers rose as reports of a likely U.S.-Iran peace deal quelled rate fears.
Utilities were under pressure in recent weeks as the yield on the 30-year Treasury bond topped 5% in anticipation of rate hikes that would likely be brought on by war-related inflation. Now, the likely near-term reopening of the Strait of Hormuz is easing those rate fears.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
June 12, 2026 17:41 ET (21:41 GMT)
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Shares of power producers fell sharply as traders weighed the implications of higher oil prices for inflation and interest rates.
Shares of power producers ticked up as Treasury yields tumbled.
Shares of power producers rose as Treasury yields fell in the wake of a U.S.-Iranian peace deal that tempered the 2026 spike in…
Shares in the utilities sector fell amid lingering expectations about a Middle East agreement that would lead to a normalization…
Shares of power producers rose as Treasury yields fell.
Shares of power producers rose as traders rotated into defensive sectors due to concerns about the Iran war.
