Utilities Yield 2 Points Less Than the 10-Year. The Last Time the Gap Was This Wide Was 2007. Is AI Power Different?
The Utilities Select Sector SPDR Fund (XLU) is currently yielding 2.79%, significantly lower than the 10-year Treasury yield of 4.98%, marking the widest gap since mid-2007. As utilities ramp up construction to meet data center power demands, the upcoming Georgia Public Service Commission elections will be pivotal in...
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