Is Anyone Trading Exchange Bonds?

I've been hearing more about exchange bonds lately and I'm curious if anyone here has dipped their toes into that market. I've been mainly looking at stocks and ETFs, but the idea of bonds tied to exchanges sounds intriguing. How do they stack up against traditional bonds in terms of risk and return? Are they worth the hype, or are there better investment options out there? I’d love to hear your experiences or any strategies that have worked for you. Just trying to figure out if this is a good time to explore further or if I should stick with what I know.