Skip to contentHome page Seeking Alpha - Power to InvestorsApr 07, 2026, 3:15 AM ETIG, LQD, IBD, VTC, MIG, SPIB, VCIT, CORP, SPBO, PFIG, QLTA, LQDH, FCOR, SKOR, LKOR, QIG, GIGB, SUSC, IGEB, FLCO, KORP, IGBH, IGIB, USIG, BBCB, DRSK, LQDI, SCHI, VCEB, MBBB, LQDB, JHCB, HYG, IFLN, JNK, HYS, IHY, THY, SPHY, SJNK, GHYG, EUHY, ANGL, HYLS, PGHY, SHYG, HYGH, QHY, FALN, HYXF, HYLB, GHYB, HYDB, USHY, SHYL, HYUP, HYDW, FDHY, HYGV, BSJQ, PHYL, FLHY, BSJR, NUHY, PTBD, BSJS, HYBB, ABXB, IBHF, GTOQ, BKHY, IBHG, HYD, HYMB, SHYD, FMHI, SHYM, BSJT, BBHY, PDIIX, PHMIX, PIMIX, PFORX, PIGIX, PFIIX, PFMIX, PAIDX, PSCSX, PTTRXPIMCO2.65K FollowersCommentsLiquidity in corporate bonds has strengthened as market structure has evolved, with data showing deeper trading, broader participation, and reduced transaction costs.Bank bond holdings have become a less effective gauge after a change to how they are calculated and as liquidity becomes more network‑based.When comparing liquidity, it’s essential to make clear distinctions between public markets, private placements, and true private credit.tadamichi/iStock via Getty ImagesLiquidity has moved to the center of investing conversations in recent months. Corporate direct lending, a subset of private credit, has drawn scrutiny as investment vehicles often promise monthly or quarterly liquidity while owning assets that are, in practice, difficultThis article was written byPIMCO2.65K FollowersPIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50 years since, we have worked relentlessly to help millions of investors pursue their objectives – regardless of shifting market conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions and service to our clients. Visit PIMCO’s blog. Subscribe To Get PIMCO Insights Delivered Directly to Your Inbox.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.