WEC Energy & NATURAL FUEL GAS: Income Stocks To Own
- Wednesday, March 24, 2021, 7:10
- Market
- Add a comment
Since 1999, utility stocks have finished higher 7 years when interest rates have risen and never lower. Three worst performances by far were during years of falling rates. That hasn’t prevented reflexive selling of utilities in the face of the 70% increase in benchmark 10-year Treasury yields.