Pay for bankers and traders had been weighed down by higher interest rates and economic uncertainty.

Investment bankers in the debt-issuance business could see their bonuses rise by as much as 35%, as Wall Street banks are expected to increase bonuses for most for the first time in three years. A surge in corporate debt issuance has fueled increased revenue for bankers,

Johnson Associates is predicting Wall Street bonus increases of as much as 35% as dealmaking resumes. See who's in line for the biggest bumps.