Normal macro regime
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Global Commodities: The worst is likely over for systematic curve carry strategies-20260624
花旗· 2026-06-24 23:46
Vi e w p o i n t | 24 Jun 2026 11:14:24 ET │ 14 pages Global Commodities The worst is likely over for systematic curve carry strategies CITI'S TAKE We expect commodities systematic curve carry strategies to continue to recover as oil prices trend lower over the coming 6-12 months. A major de- escalation is our new base case, and we view any temporary summer rally in oil prices as a rally to fade and a potential entry opportunity for curve carry. Systematic curve carry strategies which short front-end and lo ...