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.
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(END) Dow Jones Newswires