Rates Hit New Milestone and Utilities Sink 10/2/23

<p>The yield on a 10-year treasury hitting 4.7% for the first time since 2007, putting real pressure on rate-sensitive sectors like utilities. Will the rate rise continue? And what’s it mean for the rest of the market?</p><p> </p><p><a href="https://www.cnbc.com/fast-money-disclaimer/"><strong>Fast Money Disclaimer</strong></a></p><p> </p>