The good news is you all will be getting the rest of the summer off. The less good news is...

Nomura Holdings Inc. is cutting about 60 fixed-income and credit-derivative positions at its global markets operation in London, according to a person familiar with the matter, who asked not to be identified because they’re not authorized to speak about it. The cuts include high-yield bond traders and analysts, according to three other people with knowledge of the matter.

Nomura Said to Cut 60 London Jobs, Focused in Fixed Income [Bloomberg]