Utilities Up as Treasury Yields Slip — Utilities Roundup

Shares of power producers rose as Treasury yields declined, shifting from initial concerns about the Federal Reserve's policies to optimism. However, inflation fears may resurface, with the personal consumption expenditure price index increasing by 3.5% in March. Investment analyst Bret Kenwell noted a shift from deflationary to inflationary trends in durable goods since May 2025, alongside rising non-durable goods inflation due to energy costs.