Goldman Sachs profit doubles on stronger bond trading

July 16 Tue Jul 16, 2013 7:40am EDT

July 16 (Reuters) - Goldman Sachs Group Inc's quarterly profit doubled as the bank made more money trading bonds before an interest-rate spike hit markets in June.

Goldman's net income rose to $1.86 billion, or $3.70 per share, from $927 million, or $1.78 per share, in the same quarter a year earlier.