Why in the world would you own bonds?

Re:Why in the world would you own bonds? by refurb on Wednesday March 17, 2021 @09:31AM (#26490952)

How do they sell a public stock back and forth between each other? How could one fund put shares up at a given price (especially one below the current bid price) and ensure their partner fund is matched as the buyer?

Wouldn’t a market maker need to collude as well?

Not saying it’s not true, I genuinely curious as to the mechanics.

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Re:Why in the world would you own bonds? by aparsons on Wednesday March 17, 2021 @10:06AM (#26491408)

Presumably, fund A places a limit buy at price - $n and fund B places a limit sell at price - $n - $0.1

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Re:Why in the world would you own bonds? by refurb on Wednesday March 17, 2021 @07:53PM (#26498253)

But what about all the other bids and asks in the book? If you’re trying to drive the price down, there will be buy orders at higher prices your sell order will be matched with first.

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Re:Why in the world would you own bonds? by refurb on Thursday March 18, 2021 @11:17PM (#26509880)

Apparently it was happening in the over the counter markets. No idea how that would work but the lack of oversight may make it easier.

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