Bonds

Did JPMorgan’s bond traders just manage to outplay those at Goldman Sachs?

Investment banking has sprung a surprise. JPMorgan appears to have beaten the fancied Goldman Sachs in the bond market; the former made a fortune on significantly less risk borne. Perhaps risk-happy Goldman should recognize that a knockout quarter doesn't need huge sums of capital put at stake.

3 min read19 Apr 2026
Did JPMorgan’s bond traders just manage to outplay those at Goldman Sachs?