- Spot Return: price return on specified commodity futures contracts;
- Roll Yield: impact due to migration of futures positions from near to far contracts; and
- Collateral Yield: return earned on collateral for the futures.
European stocks fell again Thursday as investors shifted focus to the latest global bond market selloff amid sharp oil price increases.
Deutsche Bank outperformed European lenders Thursday as investors bet on softer regulation from the new U.S. Treasury Secretary.
European stocks ended Wednesday in the red, despite solid regional data, as the U.S. rally paused ahead of Thanksgiving holidays.