Steadily climbing Treasury yields and a potential Federal Reserve rate hike are threatening to produce more rockiness for utilities, a group that traditionally was one of the stock market’s safest sectors before the AI trade changed the equation.
Steadily climbing Treasury yields and a potential Federal Reserve rate hike are threatening to produce more rockiness for utilities, a group that traditionally was one of the stock market’s safest sectors before the AI trade changed the equation.
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Bloomberg — Markets (EN)