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Old 11-17-2007, 05:28 PM
anoop
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Default Re: Fidelity eliminates concessions on all US Treasuries

On Nov 16, 5:28 pm, Rich Carreiro <rlc-n...[at]rlcarr.com> wrote:
- quote -

> Fidelity has for a long time charged no concessions on Treasuries
> bought at original auction, but this month they eliminated concessions
> on secondary market Treasuries trades as well.


Do people consider treasuries a good buy now? At this
time, it looks like one can do better with an online savings
account.

Anoop

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Old 11-17-2007, 12:28 AM
Rich Carreiro
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Default Fidelity eliminates concessions on all US Treasuries

Fidelity has for a long time charged no concessions on Treasuries
bought at original auction, but this month they eliminated concessions
on secondary market Treasuries trades as well.

Of course, for the secondary market stuff they can (and will) be
making money on the spread and markups/markdowns, I imagine. Whether
they will increase markups/markdowns to make up for eliminated
concession, who knows. Apply the level of cynicism you deem proper

--
Rich Carreiro rlc-news[at]rlcarr.com

 

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concessions, eliminates, fidelity, treasuries
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