For an individual investor, commission costs typically range from 1/2 of 1 % (or even less) for actively traded Treasury issues, to as much as 4 % in
inactively traded bonds.
If you are selling
an inactively traded bond (and that description applies to most bonds), then the broker makes sure that she buys it from you cheaply enough so that she will not lose money when she resells.
Not exact matches
Tweedy Browne was founded as a brokerage in the 1920s for
inactively traded stocks and
bonds.