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Bond market's post-Trump volatility means more pain for utility stocks: BofA

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Volatility in the bond market may push utility valuations back towards the levels of 2015, a recipe for pain in a group where a second half selloff has been exacerbated by the election of Donald Trump.

New York

VOLATILITY in the bond market may push utility valuations back towards the levels of 2015, a recipe for pain in a group where a second half selloff has been exacerbated by the election of Donald Trump.

That's according to Bank of America Merrill Lynch, which downgraded

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