Utilities Up As Treasury Yields Slip -- Utilities Roundup

Shares of power producers rose as Treasury yields slipped somewhat.

The utility sector, prized by fixed-income investors for its dividend payments, has been under pressure in recent weeks as Treasury yields rose, presenting stiffer competition.

Shares of Canadian wind and hydroelectric power producer TransAlta Renewables rallied in the wake of its earnings report.

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(END) Dow Jones Newswires

01-12-22 1722ET