<div id="readability-page-1"><div> <p>Shares of power producers slid as Treasury yields rose sharply.</p> <p>   Utilities are particularly sensitive to bond-market moves because generators often carry a high level of debt and also compete with the Treasury market for the dollars of yield-seeking investors. </p> <p>   The SPDR Select Sector Utilities exchange-traded fund, which had been among the leading sectors on the stock market for much of the year, fell by more than 2%, trimming its gains for 2026 to under 2%. </p> <pre></pre> <p>   Write to Rob Curran at rob.curran@dowjones.com </p> <p>   (END) Dow Jones Newswires</p> <p>   May 15, 2026 18:08 ET (22:08 GMT)</p><p>Copyright (c) 2026 Dow Jones &amp; Company, Inc.</p></div></div>

<p>Shares of power producers declined as Treasury yields increased sharply, impacting the utilities sector due to their high debt levels and competition for yield-seeking investors. The SPDR Select Sector Utilities ETF fell over 2%, reducing its 2026 gains to below 2%.</p>

Utilities Down as Treasury Yields Rise — Utilities Roundup