In backwardation, the spot cost of an asset is bigger than its foreseeable future rates. This usually occurs when demand for fast shipping and delivery outweighs supply. The spot rates of varied bond maturity conditions develop the term structure of interest rates, which is a vital economic and monetary concept. https://silverbullion85949.mybjjblog.com/the-2-minute-rule-for-exchange-traded-funds-etfs-50687890