Bond Traders Face Incredible Shrinking Bonus as Revenue Tumbles

  • Fixed-income revenue dropped 11% so far in 2015 amid turmoil
  • Weak bond trading puts pressure on firms to cut pay, jobs

Wall Street in New York City.

Photographer: Spencer Platt/Getty Images

Equities traders, be kind to your brethren on the fixed-income desk: Their year started with such promise and is headed for a sour ending.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.