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Riksbank's Persson: don't shoot CDS "messenger"

The Swedish central bank uses CDS spreads as an indicator of financial stability

mattias-persson

Credit default swaps (CDSs) have been widely blamed for exacerbating the eurozone debt crisis, and few people will have wept on May 18 when Germany's financial regulator tried to rein the market in.

One of those who may have felt a sting of sympathy is Mattias Persson, head of financial stability at the Sveriges Riksbank, Sweden's central bank.

"We shouldn't shoot the messenger," he told Risk in

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