Shares of power producers rose sharply as traders bet that inflation had peaked.
Muted February inflation data spurred gains in some Treasury bonds, boosting demand for bond proxies such as utilities.
A slide in bond yields since the cease-fire has buoyed the utility sector.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
April 09, 2026 18:31 ET (22:31 GMT)
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