Treasury
3-MO 4.14% +3bp 6-MO 4.22% +5bp 1-YR 4.45% +6bp 2-YR 4.74% +7bp 3-YR 4.82% +6bp 5-YR 4.86% +3bp 7-YR 4.94% +3bp 10-YR 5.01% +1bp 20-YR 5.39% -1bp 30-YR 5.35% -1bp 3-MO 4.14% +3bp 6-MO 4.22% +5bp 1-YR 4.45% +6bp 2-YR 4.74% +7bp 3-YR 4.82% +6bp 5-YR 4.86% +3bp 7-YR 4.94% +3bp 10-YR 5.01% +1bp 20-YR 5.39% -1bp 30-YR 5.35% -1bp 3-MO 4.14% +3bp 6-MO 4.22% +5bp 1-YR 4.45% +6bp 2-YR 4.74% +7bp 3-YR 4.82% +6bp 5-YR 4.86% +3bp 7-YR 4.94% +3bp 10-YR 5.01% +1bp 20-YR 5.39% -1bp 30-YR 5.35% -1bp 3-MO 4.14% +3bp 6-MO 4.22% +5bp 1-YR 4.45% +6bp 2-YR 4.74% +7bp 3-YR 4.82% +6bp 5-YR 4.86% +3bp 7-YR 4.94% +3bp 10-YR 5.01% +1bp 20-YR 5.39% -1bp 30-YR 5.35% -1bp 3-MO 4.14% +3bp 6-MO 4.22% +5bp 1-YR 4.45% +6bp 2-YR 4.74% +7bp 3-YR 4.82% +6bp 5-YR 4.86% +3bp 7-YR 4.94% +3bp 10-YR 5.01% +1bp 20-YR 5.39% -1bp 30-YR 5.35% -1bp 3-MO 4.14% +3bp 6-MO 4.22% +5bp 1-YR 4.45% +6bp 2-YR 4.74% +7bp 3-YR 4.82% +6bp 5-YR 4.86% +3bp 7-YR 4.94% +3bp 10-YR 5.01% +1bp 20-YR 5.39% -1bp 30-YR 5.35% -1bp
US Treasury par yield curve · Sep 16 · Source: U.S. Treasury
Thursday, September 17, 2026
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UK power

Drax expects 2026 adjusted EBITDA near top of £680 million to £711 million range

Money & World
The Editorial Team ·
Cooling towers at Drax Power Station in North Yorkshire.
Photo: Andrew Whale / Wikimedia Commons (CC BY-SA 2.0)

Drax now expects full year adjusted EBITDA near the top of analysts' £680 million to £711 million range, the UK power producer said Thursday. The company cited strong performance in July and August and the addition of Bluefield Solar Income Fund from August 1.

Drax completed the Bluefield acquisition on July 31 for £561 million, with an enterprise value of £1.082 billion. The portfolio brings about 0.9 gigawatts of operating solar and wind capacity and a 2.9 gigawatt development pipeline.

Capital expenditure guidance remains £210 million to £250 million. Drax expects net debt to adjusted EBITDA above its long term target of about two times in 2026, before returning around that level by the end of 2027.

The document: Drax Group, Trading Update: upgraded outlook for 2026 EBITDA, September 17, 2026.

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