Bond exchange-traded funds are touting their contributions to market transparency in the thinly traded, splintered fixed income market, The Wall Street Journal reports.
Bond ETFs offer “all the benefits you associate with an exchange: transparency of price, being able to see the ticker for the security [and] being able to understand the transaction costs beforehand,” said Matt Tucker of
“There are more than 500 U.S. listed ETFs based on equities and less than two dozen fixed-income ETFs available, so we saw that as future growth potential,” said Anthony Rochte, senior managing director at State Street Global Advisors.
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.