Shares of power producers slipped as traders eyed rising Treasury yields.
Rising Treasury yields are a two-fold pressure on utilities.
Higher Treasury yields can lure fixed-income investors out of the dividend utilities sector.
Utilities are also relatively heavily indebted, and are borrowing even more heavily to fund data-center demand. That also makes the sector sensitive to moves in the benchmark interest rates.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
March 19, 2026 17:33 ET (21:33 GMT)
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