A contango market is often confused with a normal futures curve; and a normal backwardation market is confused with an inverted futures curve. Let's start by getting an understanding of the difference ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. John Kemp at Thomson Reuters is a big fan of commodity curves — backwardation, contango and all the principles ...

According to a forthcoming paper in the Journal of International Money and Finance, there have been significant changes in the risk premia of oil futures since 2005. Regular readers of AllAboutAlpha ...

Most commodity ETFs are in a downtrend. The (small) iShares Commodity Curve Carry Strategy ETF is an exception. It’s an optimized commodity ETF that focuses on commodities with the greatest degree of ...

On Monday, December 15, backwardation on gold was still in force at an annualized discount rate that narrowed to 1.55% in the December contract, but widened to 0.36% in the February contract. 12,673 ...

Term structure, the forward curve, or time spreads are all synonymous and reflect the price differences for a commodity over time. In some commodities, seasonality causes prices to reach lows at ...

Investors trade in commodities as a way to diversify their portfolios and take advantage of the price fluctuations of goods. Commodities are broadly categorized as one of four types – metal, energy, ...

In the past, the topic of backwardation has come up and I've tried to write about and simplify understanding it. We now have backwardation deeper and further out than anything we've seen in the past ...