New Wall Street Sees Profits From Widening Spreads

[Banjo]

The gap between what banks pay to buy fixed-income securities and what they sell them for, the so-called bid-ask spread, has almost doubled to 19 basis points in six months, according to data compiled by Bloomberg.

http://www.bloomberg.com/apps/news?pid=20601109&sid=ai0JmXAizlrg&refer=home