Shares of power producers fell as traders fled the sector due to rising Treasury yields.

Treasury yields rose for the third consecutive session following stronger-than-anticipated November inflation data.

The consumer price index rose 2.7% in November, inching away from the Federal Reserve's 2% target.

Consolidated Edison, the California utility, fell for the 10th straight session to the lowest level since July.


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

(END) Dow Jones Newswires

12-11-24 1734ET