Shares of power-plant operators fell as bond yields ticked up. Utilities are seen as a close "bond proxy" on the stock market, as they stand to gain from falling bond yields and to suffer should bond yields resume their rise. A Texas natural gas-fueled power plant developed by private-equity firm Panda Power Funds filed for bankruptcy protection on Monday, planning to hand ownership of the facility to bank lenders.
-Rob Curran, firstname.lastname@example.org
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(END) Dow Jones Newswires
April 19, 2017 16:58 ET (20:58 GMT)