Banks’ bond blues mellow

Bond market activity picked up significantly last month as trading volumes rose across nearly every fixed income category

Wall Street got a bit of its mojo back in September.

Bond market activity picked up significantly last month as trading volumes rose across nearly every fixed income category, from treasuries to mortgages to corporates. Average daily trading volume in US bond markets rose 11% from August to reach its highest monthly level all year, according to data from the Securities Industry and Financial Markets Association.

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