Wall Street’s beleaguered bond traders relive their glory days with a breakout quarter
Traders signal offers in the Ten-Year Treasury Note Options pit at the Chicago Board of Trade.
Scott Olson | Getty ImagesWall Street firms just posted the biggest surge to bond-trading revenue in years, helping several banks break records for annual profit — but don’t expect the party to last.
Morgan Stanley said earlier Thursday that its fixed income division – a chronic underperformer a few…