The difficulties that traders are having maneuvering in the $10trillion U.S. corporate-bond market may be poised to get worse.

It's been a struggle for investors to be nimble in creditmarkets given Wall Street's pullback since the financial crisis.Trading has failed to keep pace with record corporate borrowing,with daily turnover falling to an average 0.2 percent of corporatedebt outstanding, from 0.3 percent five years ago, according todata compiled by the Securities Industry and Financial MarketsAssociation.

Liquidity will probably deteriorate further leading up to July,when the U.S. Dodd-Frank Act's Volcker Rule goes into effect, according to Barclays Plcstrategists. The regulation seeks to curtail banks' trading withtheir own money.

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