Tag Archives: crude

Energy Continues its Performance Drag on Bonds in August

Crude oil, as measured by the S&P GSCI All Crude was down 20% in July 2015 and has continued its sell-off in August 2015 by dropping another 6.86%.  As of Aug. 10, 2015, the index has returned -25.4% YTD.  Energy-related bonds in the investment-grade or high-yield indices have added a negative hit to the indices’ Read more […]

Rebalance 2015: Handle-Side Or Blade-Side Down?

The 2015 rebalance for commodity indices may be remembered as the one trying to catch a falling knife.  Today, two significant events are happening in commodity indices: 1. The world production weighted S&P GSCI is entering its first year with Brent crude oil as the biggest commodity in the index, overtaking WTI. 2. The passive index Read more […]