08:06 AM EDT, 03/11/2026 (MT Newswires) -- (Updates with response from Goldman Sachs ( GS ) in the third paragraph,)

Goldman Sachs ( GS ) is offering hedge fund managers a financial product that lets them take short or long positions on corporate loans, news outlets reported Monday, citing unnamed sources familiar with the matter.

The derivative, called a total return swap, is a derivative contract that allows investors to profit from changes in market value of the debt, a source told Reuters.

A Goldman Sachs ( GS ) spokesperson said in an email to MT Newswires, "As a market-maker, we obviously engage constantly with clients on facilitating the trading strategies they want to execute. This happens every day, across many asset classes, in every market environment."