Where do you find volume figures for treasuries?

I have 20+ years of experience trading equities. I have never bought a bond.

When I use the bond scanner at Interactive Brokers and search for treasuries with up to 6 months maturity, I get a list of treasuries with quotes and closing price the day before, but there is no last trading price and no volume figures.

Is there a way to gauge liquidity or does that not matter for treasuries?

Thank you.
 
Most are traded OTC, so no, no volume for daily turnover. Though FINRA reports some aggregate stats.

I have 20+ years of experience trading equities. I have never bought a bond.

When I use the bond scanner at Interactive Brokers and search for treasuries with up to 6 months maturity, I get a list of treasuries with quotes and closing price the day before, but there is no last trading price and no volume figures.

Is there a way to gauge liquidity or does that not matter for treasuries?

Thank you.
 
I use Schwab and Fidelity and have short term treasuries in both. At schwab the spread maybe slightly higher but I made $300 just to park my money (I bought early at the top yield curve, plus I get the coupon on top), Fidelity spreads are better than schwab but you are hard pressed to find a min 20 lot. So the spreads depend on the size. I cannot comment on IB. They are more liquid than CDs.
I never had a problem selling but I always play the short end of the yield.

P.S. There must be a shit load of money at Fidelity
 
Last edited:
I found out it was more straightforward just to buy an ETF like VGSH.



I prefer ETF/ETNs myself. I really like the ones
that go up and down in price on a regular basis
as they are perfect for day trades.

VGSH does not seem that great since there's
not much of a daily spread for the cost, you
were probably just citing that as an example.

Some ETFs can be optioned also.
 
I prefer ETF/ETNs myself. I really like the ones
that go up and down in price on a regular basis
as they are perfect for day trades.

VGSH does not seem that great since there's
not much of a daily spread for the cost, you
were probably just citing that as an example.

Some ETFs can be optioned also.
It's not for trading. Just buy and hold.
 
Back
Top