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
August 25, 2026 17:40 ET (21:40 GMT)
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