Goldman Sachs has a bond-trading problem (GS)

Goldman Sachs has a problem.
The US bank beat earnings estimates on Tuesday, with a strong performance in equities trading, debt underwriting, and asset management helping power the beat.
But the troublesome fixed income, currency, and commodities client execution unit had a weak quarter, with revenue that was 40% lower than the second quarter of 2016 and 31% below its weak first quarter.
On a call with analysts, CFO Marty Chavez said rates revenue was down significantly, while the commodities b