Markets are underpricing the supply shock stemming from the interruption of oil flows through the Strait of Hormuz. Rates are ...

This article was written by Jigna Gibb, Head of Commodities and Crypto Product Management at Bloomberg, with contributions from Yeonje Jo, Dario Valocchi and Kartik Ghia. The key macro headlines for ...

Shifting commodity exposure further out the futures curve may help reduce drawdowns after strong price gains while maintaining upside participation in rising markets. Negative roll yield for commodity ...

Long-only commodity exposure delivered through futures is influenced by roll yield and term structure effects, not just changes in spot prices. Curve- and carry-focused frameworks are designed to ...