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...But Lights Are Out For Utilities
The S&P utilities sector yields 3.5% but when the yield offered by the competing risk free asset nears 3.2% and is rising, investors prefer to shed riskier high-yielding equities and park the proceeds in U.S. Treasurys. While arguably most of the…
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Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
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