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Utilities Down As Treasury Yields Rise -- Utilities Roundup

01/26/2022 | 05:53pm EDT

Shares of power producers fell as Treasury yields increased in the wake of the Federal Reserve's policy statement.

The yield on the 10-year Treasury note topped 1.8% after Federal Reserve Chairman Jerome Powell indicated the central bank is likely to raise interest rates at the next Fed meeting in March.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

01-26-22 1752ET

Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD) 0.60% 0.7104 Delayed Quote.-3.14%
BRITISH POUND / US DOLLAR (GBP/USD) 0.64% 1.25807 Delayed Quote.-7.70%
CANADIAN DOLLAR / US DOLLAR (CAD/USD) 0.35% 0.7826 Delayed Quote.-1.59%
EURO / US DOLLAR (EUR/USD) 1.14% 1.06895 Delayed Quote.-7.23%
INDIAN RUPEE / US DOLLAR (INR/USD) 0.43% 0.012899 Delayed Quote.-4.36%
NEW ZEALAND DOLLAR / US DOLLAR (NZD/USD) 0.78% 0.6465 Delayed Quote.-6.31%
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