CNBC analyst Mike Khouw stated that the U.S. utilities sector, impacted by bond sell-offs, is poised for a rebound. He noted that despite the rapid rise in U.S. government bond yields putting pressure on this capital-intensive sector, the surge in electricity demand driven by artificial intelligence (AI) infrastructure build-out, coupled with recent weaker-than-expected jobs reports that could temper interest rates, has brought the sector's valuations back to historical averages after a significant correction. The structural AI power demand thesis remains strong, presenting an opportunity for bullish trades.