What is the role of bond dealers in the bond market?

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What is the role of bond dealers in the bond market?

The role of bond dealers in the bond market is to act as intermediaries between buyers and sellers of bonds. They facilitate the trading of bonds by buying bonds from sellers and selling them to buyers. Bond dealers also provide liquidity to the market by holding an inventory of bonds, which allows them to buy and sell bonds on demand. Additionally, they provide market information and expertise to investors, helping them make informed decisions about buying or selling bonds.