09-06-2025
Credit Investors Embrace Portfolio Trades as ETF Grip Loosens
Investors looking to move big blocks of corporate bonds have long relied on exchange-traded funds listed on stock exchanges to jump in and out of positions. But now, they're increasingly trading directly in the debt market.
The shift underscores a major development over the last 10 years: electronic and high-speed trading — classic methods for moving equities — are spreading to the debt market and making it easier to execute portfolio trades, where a mass of different securities is bought or sold in one fell swoop.
