Can I Buy Treasury Bonds on Fidelity?
Investors at Fidelity Investments can trade a wide selection of fixed-income products, including
Treasury bonds, bills, and notes. Here’s the full breakdown:
Treasury Education at Fidelity
Fidelity places a strong focus on investor education, and this is especially clear with Treasury securities. The broker’s website includes a fixed-income learning center that can be reached from the News & Research tab at the top of the site. We found a variety of educational materials devoted to fixed-income securities, including Treasuries. Here are some examples:
- Bond Investing Beyond Yield (live online webinar)
- How the Bond Ladder Tool Works
- Tentative Auction Schedule (in pdf format)
Fidelity Pricing for Treasury Securities
Fidelity has shaped its commission schedule to compete closely with other online discount brokers. Because of this,
online trades of U.S. Treasury securities cost $0. This applies to both auction purchases and secondary-market Treasury trades. Placing a Treasury order with help from a live representative over the phone carries a
$19.95 fee.
Finding Treasury Bonds on Fidelity
Locating Treasuries on Fidelity’s website is fairly simple. Hover over the News & Research tab in the top main menu, then choose the link for fixed-income investments.
The next page includes a matrix of bond yields by bond type and maturity range (be sure you are on the Yields tab). Treasuries and Zeros are included in this area. Click on a hyperlink to open a list of Treasury bonds that match the selected maturity and yield. The results list includes several criteria that can be used for sorting. Examples include:
- Yield to worst
- Price
- Quantity
- Maturity date
- Coupon rate
- Yield to maturity
A depth-of-book icon also appears in the search results. Click this icon to display bid and ask prices at different quantities. This detail matters because larger quantities may sometimes receive lower prices, or a specific price may only be available for a limited number of bonds. Different price levels can also have different minimum purchase requirements.
Treasury Bond Profiles
The description of each debt security, including its coupon rate and maturity date, is linked in the search results. To open a more complete profile for the security, click on the link.
Fidelity’s bond profile includes many data points. Here are a few examples we found during our investigation:
- First settlement date
- Call protection
- Original issue amount
- Workout date
- Moody’s rating
- Interest accrual date
The bond profile has two tabs: Overview and Price & Performance. The security’s details are spread across these two tabs, so both are worth checking.
How to Buy a Bond at Fidelity
At the top of a bond’s profile, and also in the search results, sell and buy buttons will appear. Click either button to open the fixed-income order form. The form will automatically fill in information from the selected bond, including its CUSIP.
On the order ticket, you will need to choose a price (depth of book will already be shown). The minimum purchase amount for the same bond can differ depending on the price selected, so pay close attention to the minimum order amount listed on the trade ticket. Enter the number of bonds you want in the quantity field as a whole number, such as 9 for $9,000. Submit the order after reviewing the details.
Auto Roll Service
Fidelity offers an Auto Roll service for
eligible Treasury auction securities that can use the principal from a maturing position to automatically purchase a new position. Treasury securities bought in the secondary market are not eligible for this service.
To enroll an eligible Treasury security for Auto Roll, select the Auto Roll option that appears on the order ticket. Note that you must sign up for alerts to add this feature.
Schwab as an Alternative
While Fidelity Investments is certainly a solid broker-dealer to use for Treasury securities, Charles Schwab also offers a strong alternative. Like Fidelity, Schwab provides very good educational resources for fixed-income trading. These materials are available on both its mobile app and its website.
In addition to education, Schwab has strong search tools for finding Treasury bonds, notes, and bills. The broker’s fixed-income wizard can be found under the Research tab in the top menu. The search engine can be used to look for Treasuries or Treasury Zeros by several parameters, including coupon frequency, TIPS, and minimum coupon. Like Fidelity, Schwab shows depth of book (called Market Depth at Schwab) for bonds that have it. A search can be saved for later use, which is a helpful feature that Fidelity’s software also offers.
Also like Fidelity, Schwab offers a bond-ladder tool on its website. This feature can be used to buy multiple Treasury securities at the same time with different maturity dates.
Schwab follows a similar commission schedule as Fidelity, with
$0 online trading fees on Treasury bills, notes, bonds, TIPS, and Treasury floating-rate notes.
Learn more about
Charles Schwab Treasury Bonds
Free Charles Schwab Account
Open Schwab Account
Updated on 5/6/2026.
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