Utilities Down As Treasury Yields Rise -- Utilities Roundup

Shares of power producers fell as Treasury yields rose.

The yield on the 10-year Treasury rose 2.9 basis points to 1.07%, its highest since March 19. Carbon capture and storage is gaining momentum thanks to Norway's launch of "Longship," Europe's first full-scale carbon-capture project, said analysts at brokerage Citi.

Write to Rob Curran at [e-mail]

(END) Dow Jones Newswires

01-07-21 1733ET