The Oil Fund Beating USO by Harvesting Roll Yield Faces Its Biggest Test Yet
· finance.yahoo.com
DBO's roll-yield strategy turned crude's backwardation into a triple-digit gain this year, but the EIA sees WTI dropping more than $30 by spring and no futures trick can outrun a slide that big.
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DBO surged 108% year-to-date as WTI climbed from $57 to $107, but the EIA forecasts crude falling to $73 by spring.
Unlike USO, DBO scans 13 months...