Commodity ETFs at Multi-Year Lows on Supply Glut
September 11, 2014 at 13:54 PM EDT
Slowing global growth has stifled demand for raw materials, pushing down commodity-related exchange traded funds to multi-year lows, with one broad commodity index trading near a five-year low. The PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC) has declined 7.5% over the past...