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Author: foobar73 Big red star, 1000 posts Feste Award Nominee! Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35379  
Subject: Re: Bonds-General Information Date: 1/17/2002 9:56 PM
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but I think a 2%-3% difference between bid/ask would be typical for popular issues in small quantities.

ROTFLMAO!!!!!!!!!!!!!!!!!

Try 5-10% in the real world of bond dealers.Quit smoking crack and realize that dealers commit capital and expect to get paid for that risk. You don't get paid @ 2-3%.


Thanks for the response to my post. I'm glad you took the time to write a polite, well-mannered reply. Not.

I'll admit right off I'm not a seasoned bond veteran. However, in another browser window, I currently have bond quotes from my broker for some corporate bonds. A July 2003 Coca-Cola issue is quoted at 104.5/105.581 bid/ask. June 2004 Daimler Chrysler at 103.050/104.194. June 2005 GM at 103.335/104.544. A five-year Treasury at 108.000/108.301. These are for $5000 trades, BTW. I'm not sure which broker you use, or what your idea of "popular issues" is, but I'm even having trouble finding bonds trading with greater than 2% spreads.

I don't smoke crack, but I can see I can afford to do so more easily than you can, given the kind of pricing your broker seems to hand you.
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