, which allows professionals to trade fixed income instruments, operates its MKTX 400 Index to track the performance of corporate bonds relative to the broader market.
"We see that electronic trading is in fact accelerating as more and more people adopt fixed income ETFs," he said. Flows into fixed income funds advanced in March amid the banking crisis, prompting investors to find pockets of safety in Treasurys. Concannon said it's a proven strategy he has seen before.
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