YIELDS & UTILITIES

摘要

The yield on the 10-year U.S. Treasury note finally hit bottom, and found its way to a two-year low in early February 2015. Since that time, with expectations of the Fed's impending rate hike and a strengthening U.S. economy, it's been rising steadily. In these environments, so it goes, investors rotate out of sectors like utilities where the dividends start becoming less appealing, and out of assets like gold that provide no yield, and into areas like financials and insurers that directly profit from higher rates.