Shares of power producers ticked up as traders hedged their bets on the outlook for inflation and Treasury yields.
Shares of power producers ticked up as traders hedged their bets on the outlook for inflation and Treasury yields.
A recent surge in yields has weighed on the utilities sector, which is often viewed as a bond proxy.
So far this week, yields have eased, but investors are eyeing the oil market and inflation data to see where the ceiling for Treasury yields will be.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
Shares of power producers ticked up as Treasury yields dropped in the wake of inflation data.
Shares of power producers rose as traders hedged their bets on the outlook for growth and inflation.
Shares of power producers rose as Treasury yields gave back some of their gains ahead of key inflation data.
Shares of power producers ticked up after inflation data. A relatively muted reading of consumer-price inflation boosted…
Shares of power producers ticked up as Treasury yields tumbled.
Shares of power producers rose as Treasury yields continued their decline ahead of the Federal Reserve's policy statement.
