Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (firstname.lastname@example.org) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
Risk models have come under the spotlight as markets fear that portfolios are at risk of interest-rate volatility amid swings in government bond markets. Concerns are growing that financial institutions and institutional accounts might be over-exposed to large paper losses – but the devil, as ever, is in the details.