Best Online Broker for Bonds/Fixed Income

[Guest JohnReuwer]

I am interested in the board's opinion on discount brokers for bonds/fixed income purchases.  I currently use Schwab but their bond selection is anemic.  I am but a mere retail investor with a personal portfolio so a full-service broker is out of the question.  Any suggestions/experiences?

 

Thanks!

[JAllen]

Interactive Brokers has a complete list of bond/preferred stock offerings that are available on their web page I believe.

 

I would ask each one for a list.  It seems like each one should publish a list if they offer a diverse selection.

 

I have been satisfied with IB's selection but it is by no means complete.  Probably 8/10 that I ever wanted to get quotes on they had and they probably have virtually all large cap issues.

 

 

[arbitragr]

Most bonds are over the counter (OTC), or the most in-demand ones with best yields/terms.

At a retail level you probably won't get the best up-to-date pricing.