Commodities Head for Worst Monthly Drop Since March 2020: Chart

(Bloomberg) -- The Bloomberg Commodity Index is down almost 5% so far in August and headed for its worst month since the pandemic began. Commodities across the board extended declines in Thursday trading. Weighing on sentiment is a combination of the delta variant, global growth risks and fears of a 2013 taper tantrum repeat. For more market commentary, see the MLIV blog.

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