A 125 JSP might be just the ticket out of a carbine. To keep it from exploding.
The SGD's are bonded so I don't think it would fragment anyway.
I think you would have to do some experimenting. Its not just bonded or not, hollowpoint or not. Bullets that are designed to expand are designed (and made) to do so within a certain velocity range. When driven 30% (+/-) faster than they are designed for, results get ...atypical.
The regular 125gr JHP has become the premier self defense load in the past few decades. The bullet has become optimized for that, to work, and work well in the velocity range of regular handguns. Add 500fps to that speed, and change the target from a human to a deer or other medium size animal and you get radically different results, usually poor penetration and violently explosive expansion.
Bonded bullets are made to open up, and still keep together, but I think that there is also a velocity range that exceeds this capability as well. You need to test the bullet at carbine speeds to see just what will happen.
Some JSP bullets are the same as the JHP, just without the hollow point. Others might have slightly different(and possibly important) internal differences. I just don't know, so you need to find out, before you take to the game fields.
I do know that light JHP .357 bullets fired hundreds of FPS faster than handgun speeds do change their performance. SO do .30-30 bullets frired out of a .300 Magnum and bullets intended for expansion at traditional .45-70 speeds become varmint bullets when fired out of a .458 Win mag.
Its not east to make a bullet that will expand "enough" at the lower end of its velocity range, and not expand "too much" at the upper end. When you step outside that range by a quarter or a third, on the upper end, things no longer work exactly as designed.
In an imperfect analogy, the amount of sail that sends you along nice and happy in a 20mph breeze is the wrong amount to carry when you meet gale force winds.