lawman
Thinks s/he gets paid by the post
I have recently bought some municipal bonds in my Schwab account. When I go to the bonds offered page for all bonds offered I will click on municipal and then select a maturity date for the bonds I want to see. They are then listed from the highest yielding to the lowest. I've recently noticed a listing yielding 2.9%..I saved that to my saved pages and continued shopping..I did not buy anything..The next day I made the same municipal selection to see if it was still available..It did not come up. The highest yielding offering was 2.5% however when I went to my saved searches it did come up..I went through the steps to make a purchase but stopped just short of executing the trade so I know it was still available. I have two questions.
1. Is the list of offerings the best that is available to investors like me or is that a picked over list?
2. Why did the higher yielding bond not show up the next day?
1. Is the list of offerings the best that is available to investors like me or is that a picked over list?
2. Why did the higher yielding bond not show up the next day?