Risk interdealer rankings 2013: Dealers

Shakes, rattles and rolls

tax-shakedown

The story of the past 12 months is bookended – more or less – by the remarks of two central bankers. At one end is European Central Bank (ECB) president Mario Draghi, who insisted last July the ECB would “do whatever it takes” to save the euro, ushering in a much-needed period of calm in financial markets. This lasted until May 22, when his counterpart at the Federal Reserve, Ben Bernanke, said the central bank might taper its bond-buying programme, unleashing a period of bond market volatility

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