Shares of utilities stocks are trading lower. Weakness may be due to a rise in Treasury yields, which could drive a rotation out of dividend-paying stocks.
Portfolio Pulse from Benzinga Newsdesk
Utilities stocks are trading lower due to a rise in Treasury yields, which could drive a rotation out of dividend-paying stocks.
October 02, 2023 | 4:18 pm
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NEGATIVE IMPACT
AEE's stock is trading lower due to a rise in Treasury yields.
A rise in Treasury yields often leads to a rotation out of dividend-paying stocks like AEE, causing their stock prices to fall.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
AEP's stock is trading lower due to a rise in Treasury yields.
A rise in Treasury yields often leads to a rotation out of dividend-paying stocks like AEP, causing their stock prices to fall.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
AES's stock is trading lower due to a rise in Treasury yields.
A rise in Treasury yields often leads to a rotation out of dividend-paying stocks like AES, causing their stock prices to fall.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100