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Does anyone here trade bank debt, and what is a good introduction to how to do this?

By 'bank debt' I am assuming that you mean loans that banks have made, not bonds that banks have issued.

There are these really cool things called CDOs (Collateralized Debt Obligations), MBS (Mortgage Back Securities), RMBS (Residential Mortgage Backed Securities) and ABS (Asset Backed Securities). They were all designed to securitize bank loans so they could be traded. They, along with the CDSs (Credit Default Swaps) that attempted to insure against the default of these instruments, helped cause the credit crisis.... The markets for these instruments froze up during the credit crisis, and haven't really returned.

Here's a link that I found that allows institutions and accredited investors to trade in these markets No idea what the requirements to be 'accredited' to trade here are.

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