Insightful Investor

#110 - Leland Clemons: Bond ETF Innovation

Feb 17, 2026
Leland Clemens, founder and CEO of BondBloxx and former BlackRock iShares leader in fixed income ETFs. He discusses the evolution of bond ETFs and why a fixed-income-only platform was needed. Topics include innovations reshaping fixed income, precision and duration tools for advisors, private credit ETF design, liquidity and creation/redemption mechanics, and tax-aware active bond strategies.
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ANECDOTE

Founding BondBloxx After Watching Market Change

  • Leland left BlackRock and saw fixed income electronification firsthand before founding BondBloxx.
  • He and co‑founders launched a bond‑only ETF firm to capture client demand and regulatory change.
INSIGHT

Built For The Next Fixed‑Income Cycle

  • BondBloxx anticipated a return of meaningful income and higher volatility in fixed income.
  • They designed products for a future cycle where bonds regain portfolio relevance.
ADVICE

Tilt Portfolios With Targeted Bond ETFs

  • Use targeted ETFs to express concentrated active views without single‑name risk.
  • Combine core bond exposure with sector or credit‑slice ETFs to tilt portfolios efficiently.
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