Wall Street’s top bond traders can start dreaming again about fancy cars, a new Rolex and maybe even trading up to a fancier condo.

Compensation for these financial pros, after falling sharply last year, is expected to triple - to $1 million or more for some senior traders - in 2016. Bond traders benefited in 2016 as the yield on the 10-year Treasurys started to rise - thanks to Brexit and to the Federal Reserve rate increase - sparking an increase in trading.

More than half of buy-side company directors said they earned between $300,000 and $600,000 last year - and were expecting a 200% increase in 2016, according to the survey by headhunting firm Options Group – which interviewed 3,200 bankers and traders.

Even the most junior buy- side bond traders will see a hefty pay boost. More than half of these one-to-three year traders said they earned total compensation last year of between $100,000 and $175,000. That means total comp this year could soar by $200,000. Traders receive most of their compensation in bonuses that are paid out in the first quarter of the following year.

“Part of [the expected giant increase] is actually recovery from last year,” Jessica Lee, executive director at Options Group, told The Post. “Last year was a pretty tough year for credit, specifically distressed.”

The expectations for traders’ pay aren’t set in stone yet, and the highest increase will probably only get paid out to a few traders, if any. The median expectation for a pay increase was 10%.