"Barclays this week downgrades the entire electric sector of the U.S. high-grade corporate bond market to underweight, saying it sees long-term challenges to electric utilities from solar energy, and that the electric sector of the bond market isn’t pricing in these challenges right now. It’s a noteworthy downgrade since electric utilities which make up nearly 7.5% of Barclays’ U.S. Corporate Index by market value."
Michael Aneiro reports for Barrons May 23, 2014.
SEE ALSO:
"Utilities: A Stable Sector Headed for a Correction" (CNBC)
"Wall Street Firms Step Up Warnings About Distributed Energy’s Threat to Utilities" (GreenTechMedia)
Source: Barron's, 05/28/2014
