Commodities jump to highest since 2011 on rebound from coronavirus
The Bloomberg Commodity Spot Index, which tracks prices for 23 raw materials, rose 0.8% Tuesday to its highest since 2011.
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The Bloomberg Commodity Spot Index, which tracks prices for 23 raw materials, rose 0.8% Tuesday to its highest since 2011.
Article content Commodities markets are booming. Oil is up about 30 per cent this year, copper just hit a nine-year high and grains markets are experiencing shortages. But there’s a subtler factor helping propel the value of the world’s raw materials ever higher: yield. We apologize, but this video has failed to load. Try refreshing your browser, or The subtle reason commodities keep rising: They're a home to yield Back to video At a time when interest rates are feeble and bond yields remain historically depressed, rolling positions along the commodities futures curve offers passive inv...