Jefferies Posts Biggest Fixed-Income Rise in Eight Quarters

  • Bond-trading revenue at Wall Street bellwether jumps 55%
  • Results reflect rebound from quarter that ‘humbled’ CEO

Jefferies' Bond-Trading Revenue Surges 55%

Jefferies Group posted a 55 percent surge in bond-trading revenue, the biggest increase since the third quarter of 2014, helping the firm recover from a punishing loss in the previous three months.

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