Sector Review

Sector movers: Defensives pace gains

By Alexander Bueso

Date: Tuesday 07 May 2024

(Sharecast News) - Shares of electricity companies paced gains on the FTSE 350 on Tuesday as investors continued to shift back into longer-dated government bond yields on either side of the Pond.

Against that backdrop, analysts at J.P. Morgan sounded a cautious note regarding the potentially "adverse" demand-supply bond imbalance,...

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