Forget Utility Dividends. Kevin Warsh Just Made the 30-Year Treasury a Better Income Play - 24/7 Wall St. Forget Utility Dividends. Kevin Warsh Just Made the 30-Year Treasury a Better Income Play By Alex Sirois Published May 16, 7:53AM EDT Quick Read NextEra Energy (NEE) at $95.68 is bearish on rate-sensitive utilities as quantitative tightening pressures valuations. NextEra's structural downside stems from widening income gap versus 5% Treasury yields as discount rates rise. The case for waiting The analys ...