Post #28 by Beginner on the Investing Beginners board

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"As buying in the secondary market as opposed to the primary market, markups aren't what matters. What matters is YTM/YTC/YTW. A shrewd FI investor buys where the achieved yields are highest, never having to pay some vig."

I have no idea what you that means! --But i did start reading the Bond book, again. Not James. :)

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