“Bonds are a key part of a diversified investment strategy, especially for investors who are nearing or in retirement,” said Walt Bettinger, president and chief operating officer of Charles Schwab. “But for too long, bonds have been behind other securities in terms of convenience and price transparency.”
Jim White, senior vice president of fixed income trading, added: “When clients are seeking a bond, the net yield-to-maturity and net yield-to-call are the most important factors to consider. Without knowing all the costs involved, it’s difficult to predict these net yields. Schwab helps clients make smart purchasing decisions by displaying the net yield-to-maturity right up front in the search results.”
Clients enrolled in Schwab Private Client or Schwab Advised Investing Signature will pay no mark-ups with no broker-assisted charge.
