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Utilities Up Ahead Of Jobs Report -- Utilities Roundup

08/05/2021 | 05:34pm EDT

Shares of power producers rose as traders hedged their bets ahead of Friday's jobs report.

The yield on the 10-year Treasury note ticked above 1.2% but remained far shy of presummer peaks.

The prospect that the Delta variant would slow U.S. jobs and economic growth has weighed on yields since the 10-year yield peaked around 1.75% in March. Lower yields boost demand for dividend-oriented sectors like utilities.

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

(END) Dow Jones Newswires

08-05-21 1733ET

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