Is the bid-ask spread for new bond issues indicative of a conspiracy by dealers? Perhaps it's just a necessary, and reasonable, cost of functioning bond markets.
Is the bid-ask spread for new bond issues indicative of a conspiracy by dealers? Perhaps it's just a necessary, and reasonable, cost of functioning bond markets.
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"uri": "/2016/04/02/sometimes-it-costs-money-to-sell-a-lot-of-bonds/",
"title": "Sometimes It Costs Money to Sell a Lot of Bonds",
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"summary": "Is the bid-ask spread for new bond issues indicative of a conspiracy by dealers? Perhaps it's just a necessary, and reasonable, cost of functioning bond markets.",
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{
"uri": "/2016/04/02/sometimes-it-costs-money-to-sell-a-lot-of-bonds/",
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