Over the last couple of years, I have built a ladder of treasuries through the secondary market using Schwab's bond listings. The ladder has approximately four rungs with one year remaining maturities using 2- and 3-year notes. I always hold to maturity. I am curious how this works from Schwab's point of view. It looks like they are simply making a market in various individual note issues and you can see the various bids and asks for a given issue. None of this is out of their inventory, is it? How are they compensated? I pay no commissions. I am very pleased with how this is working through Schwab. They have a ladder-construction tool or you can build your own. I built my own.
Anyone have insight into this? Thanks.
Anyone have insight into this? Thanks.
Statistics: Posted by Roadhog — Mon Mar 25, 2024 10:21 am — Replies 0 — Views 50