Cotton ETNs: Not so Soft After Wicked Tumble
July 28, 2014 at 09:00 AM EDT
Cotton-related exchange traded notes are in a bear market, with cotton futures trading at a five-year low and extending their longest losing streak in over half a century, as increasing supply outstrips waning demand. The iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSEArca: BAL) fell...