London, United Kingdom
Experience: Intermediate
Platform: N/A
Broker: Bloomberg
Trading: Energies
Posts: 310 since Jul 2014
Thanks Given: 1,089
Thanks Received: 386
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Hi guys,
I wanted to know if any of you guys have experience buying US treasuries/bonds/etc but paper rather than futures.
So in my case I would like to buy the US 2yr note at x% yield determined at the auction. I know I can register at the treasury dept but had a few Qs:
1) Is it better to buy via competitive/noncompetitive bidding?
2) Is it worthwhile using a broker/bank or going direct?
3) What kind of brokers/banks do this? (I am located in the UK)
4) What issues might I face as an international investor?
I appreciate any info from anyone that's been through this process before. It may help me avoid seeking out a financial adviser for a fairly simple task.
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