Leo first learned that buying a bond is essentially to a borrower in exchange for interest payments (coupons) and the eventual return of his principal at "maturity". He discovered three main paths:
Issued by cities or states to fund projects like schools. Leo liked these because their interest is often exempt from federal taxes . how to buy bonds in usa
Issued by companies to expand. These offered Leo higher yields than government bonds but came with a higher risk of the company "defaulting". Phase 2: Finding the Gateway Leo first learned that buying a bond is
Here is the story of how Leo navigated the U.S. bond market. Phase 1: Choosing the Flavor Issued by companies to expand
Leo realized he didn't need to visit a bank in person. He found two main digital gateways: Buying savings bonds - TreasuryDirect