Bonus Cuts for Traders, Dealmakers Said to Ease Slightly

The video discusses the decline in incentive pay for traders and bankers, with Johnson Associates revising their projections to a smaller decline than initially expected. The impact of Brexit led to a temporary increase in trading, affecting the bond market. Bonus cuts for bond traders are expected to be less severe than previously estimated. The video concludes with an outlook for potential improvements in the third and fourth quarters, highlighting the possibility of increased volatility.

What was the projected drop in incentive pay for fixed income sales and trading according to Johnson Associates?

How much is the pay for bankers handling corporate deals expected to drop?

What impact did the Brexit situation have on trading according to the text?

What are the expectations for bonuses for bond traders as mentioned in the text?

What is the outlook for the fourth quarter as discussed in the text?