Fixed income disappoints as Trump trades fade

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Fixed income disappoints as Trump trades fade

Jamie Dimon and Lloyd Blankfein
Jamie Dimon (L) CEO and chairman of JPMorgan Chase & Co, and Lloyd Craig Blankfein, CEO of The Goldman Sachs Group, Inc. walk away from the White House after a meeting with U.S. President Barack Obama at the White House March 27, 2009 in Washington, DC. Photo by Olivier Douliery/ABACAUSA.COM (Pictured :Jamie Dimon, Lloyd Craig Blankfein ) | Olivier Douliery/ABACA/Press Association Images

Following a fourth quarter in 2016 that saw frenzied trading on the back of Donald Trump’s election as president, a rally in US stocks and a steepening yield curve, the biggest US banks saw trading revenues slide at the end of last year.

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