While the vast majority of fixed income ETF assets are allocated to total bond market funds -- BND and AGG have combined assets of more than $17 billion -- increasingly innovative and targeted products are seeing some success. State Street's convertible bond ETF ( CWB ) has amassed more than $200 million and PowerShares' Build America Bond Portfolio ( BAB ) is quickly building assets as well. Expect several more product launches in 2010 as issuers race to establish market share in a rapidly expanding space. For news on all new ETF product launches, sign up for our free ETF newsletter.
Gregg Greenberg breaks down today's market action with guests Eric Marshall, director of research for Hodges Capital Management, Douglas Merrill, author of "Getting Organized In The Google Era" and Matt Tucker, iShares fixed income specialist.