Volcker, capital requirements, etc., drive up the cost of immediacy, but they don't increase the risk of a crash,
because bond dealers were never in the business of buying all the bonds all the way down.
Not exact matches
«
Bond dealers are simple people; they like simple round numbers and they're going for 3 percent
because it's there,» Donovan told CNBC's Squawk Box Europe Tuesday.
That is
because dealers aren't the business of holding risk and supporting the price of crashing
bonds (unless your
dealer name is «Federal Reserve»).
That is
because dealers aren't in the business of holding risk and supporting the price of crashing
bonds (unless your
dealer name is «Federal Reserve»).
«Individual investors are at a disadvantage in buying
bonds because unlike stocks,
bonds trade from
dealers» inventories,» says Terry Shaunessy, president of Shaunessy Investment Counsel.
The reason that I mention
bond trading, even though my target is stock trading, is that it was a * far * more rigged market
because it was
dealer - driven, and voice - to - voice.