Rapid Growth of Bond ETFs Could Fuel Credit Liquidity Risks
October 14, 2020 at 17:22 PM EDT
The rising popularity of bond exchange traded funds could add to risks in a notoriously illiquid corporate debt market, especially during periods of heightened selling pressure. Efe Cotelioglu, PhD candidate at the University of Lugano, the Swiss Finance Institute, has found that high-grade...