What is the Commodity Research Bureau Index (CRB)?
The Commodity Research Bureau Index (CRB) tracks the general trend of the commodities markets.
How Does the Commodity Research Bureau Index (CRB) Work?
The CRB Index gauges the collective price trend of the commodities markets. Calculated by the Commodities Research Bureau, the index is published by Thomson Reuters and Jefferies.
Why Does the Commodity Research Bureau Index (CRB) Matter?
Commodities prices tend to be directly correlated to inflation. By contrast, bond prices are inversely correlated with inflation and as a result, bond prices tend to move in the opposite direction of commodities prices. For this reason, the CRB is tracked by bond as well as commodities investors.