I thought all that is fixed no matter the brokerage.
The minimum are different as well.
Does it pay to shop around for the same bond?
Brokerages offer same bond for different prices and yields
Re: Brokerages offer same bond for different prices and yiel
usually the larger the quantity the higher the yield, or the lower your cost. This works the same for broker CDs as well. It pays to look around especially if you have more than one broker.
Re: Brokerages offer same bond for different prices and yiel
Yes, shop around. The bond market is not a market in the same sense as the NYSE or the like. What price you get depends on who you are buying from and also who you are.
For treasuries the market is really more like an equities market, you should see the same most everywhere. Not for corporates or munis.
For treasuries the market is really more like an equities market, you should see the same most everywhere. Not for corporates or munis.
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Re: Brokerages offer same bond for different prices and yiel
I don't think there's any centralized "bond market," and I think when you are buying from a broker, it is a specific transaction with one or another dealer they use--and different dealers offer different deals.
In the case of a noncompetitive Treasury bond purchase, though, I think everyone gets exactly the same terms.
In the case of a noncompetitive Treasury bond purchase, though, I think everyone gets exactly the same terms.
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