No. of Recommendations: 0
Okay, I understand that there isn't a wide market for bonds like there are for stocks.
Some bonds are exchange-traded.

That's kinda crazy,
In order to have an exchange, you need to have a certain level of volume and demand. A whole lot of people who buy bonds hold to maturity, so there is no need for an exchange. Also, stocks are exciting--you can look at the stock and say "Since I've held it it's gone up 10x in value". Bonds don't have the same appeal to one's greed.

but then the variations in types of bonds and special features etc would make it harder to operate the market openly

I'd argue that one bond is more similar to another than one stock is to another, at least in terms of their performance. Unless the company is in trouble, most bonds in a market perform similarly. Not so with stocks.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement