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Utilities Lower as Treasury Yields Rise -- Utilities Roundup

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01/12/2018 | 10:42pm CEST

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.

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

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