Allianz CRO plays down liquidity fears

Bond market worries are less relevant for long-term investors, says Tom Wilson

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Tom Wilson, Allianz: concerns overstated

Concerns about reduced liquidity in fixed-income markets are overstated, according to Allianz chief risk officer Tom Wilson, who calls for policy-makers to focus also on encouraging  growth in the European corporate bond market.

“There has been a lot of talk about widening bid-offer spreads as well as the ability to find matching trades,” says Wilson. “On the margin I think this may be true during ‘normal times’. But how much of the press coverage is being driven by banks chafing under the new r