Bond prices and yields are set very differently from equities. Bonds are traded from one dealer to another in the over-the-counter (OTC) market, without going through a central marketplace or exchange. The sheer number of bonds across various bond types, such as Treasury bonds, municipal bonds, and corporate bonds, makes it important for investors to understand how liquidity and availability of live prices can vary. Watch Vice President of Fixed Income Richard Carter and Director of Fixed Income Stephen Traugott as they lead a discussion on:
· How Fidelity’s bond platform delivers competitive bond prices by aggregating thousands of live offerings from hundreds of different dealers
· Fidelity’s Bid Wanted process, designed to increase liquidity by giving customers electronic access to live bid prices
· Understanding bond trading costs and how Fidelity’s bond prices statistically outperformed1 those of certain competing firms analyzed in the latest 2022 Bond Pricing Study by Corporate Insight.