Utilities Poised for a Bounce as Bond Sell-Off Tests the Marketโs Defensive Trade
Utilities, one of the marketโs most interest-rate-sensitive sectors, are caught in a sharp tug of war as bond yields climb and investors reassess the appeal of defensive stocks. Mike Khouw says the sector may be setting up for a rebound, arguing that the recent pressure could create a tactical opportunity if the bond sell-off stabilizes.
