Tucker: regulators knew reforms might create 'bumpy' markets

On the face of it, the recent record-breaking moves in US Treasuries and the Swiss franc are unconnected, but many participants view them as evidence that markets are becoming more brittle. A lot is riding on attempts to boost liquidity

On edge: markets have seen two recent bouts of intense volatility

"We were conscious this could happen temporarily when we set the policy," says Paul Tucker, senior fellow at Harvard University and former deputy governor of the Bank of England. He is talking about the episodes of breathtaking volatility that have punctuated the past 18 months – recently in the Swiss franc, but also in US Treasury yields and other fixed-income markets – giving rise to a steady drumbeat of criticism from banks and other market participants. Their charge is the new capital rules

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here