I have used AG Edwards in the past for purchasing the US Tresury Securities. I have asked them if they charged a commission...but they advised no-that it was just a public service and to get you into their agency. But everywhere else I read everyone states brokers do charge a commission.Are they telling me the full truth? They are stripped interest payment.Thanks,Ed
There is a Bond board where these subjects are discussed. Enter Bond in the board box below and press find.You can get Treasuries directly from the US govt without paying any fees. However, strips are derivatives. There are almost certainly some middlemen getting paid some fees. With bonds, the fees are often hidden, but usually you pay somehow.The best advice is get bids on bonds from several sources before you buy.
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