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Utility stocks tanked hard starting in mid-November on worries about rising interest rates, which can be bad for supposed “bond proxies” like utes. The broad Utilities Select Sector SPDR Fund (
Yieldcos, which operate wind, solar and other power-generation facilities, spin off most of their steady earnings to shareholders.
A global fund provides exposure to U.S. and foreign stocks, including shares of companies in emerging markets.
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