Utilities Lower as Treasury Yields Rise -- Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators continued their decline as the yield on the two-year Treasury note hit its highest level since the financial crisis.

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A weak fourth quarter has carried into 2018 as investors flee a sector considered to be the most sensitive to rising rate expectations, which are reflected in the higher Treasury yields.

Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

January 12, 2018 16:41 ET (21:41 GMT)