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- UID
- 223392
- 帖子
- 298
- 主题
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- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-2
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| The underlying concept is that the futures prices will converge to the spot rate. When you are rolling mature contracts that are in backwardation forward, those contracts will converge to the spot price (as they are currently below it), thus being positive or increasing towards the spot rate. |
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发表于 2011-7-13 13:47
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