Utilities Rally as Treasury Yields Slip Following Mideast De-escalation

Beyond the broader market shifts, the Swedish energy sector hit a significant milestone in its nuclear infrastructure strategy. Vattenfall, the state-owned utility giant, confirmed that its subsidiary Videberg Kraft—co-owned with Industrikraft—has tapped Rolls-Royce to supply a new generation of small modular reactors. This selection marks a pivotal step in Vattenfall's commitment to expanding nuclear capacity within Sweden, signaling a move toward long-term energy security through advanced reactor technology.