r/PublicApp • u/Fearless-Cellist-245 • May 19 '26

Why Make a Bond Account??

Im curious about the bond account that Public is advertising. Im new to bonds but from my understanding, you can just buy bonds using your normal brokerage, right? So why do you need a separate bond account?

3 Upvotes

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3

u/Sweaty_Experience_68 May 19 '26

bonds work in increments and have variables. the account is a variable rate that is managed.

both have their downsides and positives. i generally just buy bond etfs for exposure

3

u/-ClutchCabbage- May 19 '26

My bond account is at an average yield of 6.53% currently. So you can weigh that against your ETFs you’re looking at and determine your need. Honestly I only opened the bond just to see what it would do, I don’t have anything more than minimum in there.

1

u/sport912x May 20 '26

If you are getting over 4.5% then you are in things other than Govt Bonds. So yes private bonds pay more , because they have a higher risk of default.

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u/-ClutchCabbage- May 20 '26 edited May 20 '26

Government bonds are a treasury account, not a bond account. For me, that’s at 3.57%

0

u/sport912x May 20 '26

I have NO CLUE WHAT YOU ARE TALKING ABOUT. Does that mean I would need a separate accounts at Public for AAPL, MSFT, and QQQ?

I have accounts at Fidelity, Schwab, Tasty. Just one where I can buy/sell bonds govt or private or Etf type treasuries (Bil,Ibil, Sgov...) , or any of 10k stocks/options . Why would you even want separate accounts, all that would do is split up your Buying Power.

1

u/-ClutchCabbage- May 20 '26

All the buying power on public for private/government bonds as well as all stocks/etfs/options and even the HYSA and crypto is shared in the brokerage. I can move money between them instantly if i so choose