Birdwatch Note Rating
2024-08-02 08:00:54 UTC - NOT_HELPFUL
Rated by Participant: 0ADF403F952D5A2095AF8CB43FCFDDCF040338EE33CC4BEFBE469275B61E716D
Participant Details
Original Note:
A Working Paper published by the Bank of England itself in May 2024 calculates that two thirds of the spike in gilt yields in September 2022 was caused by excessive LASH risk after the Bank failed to oversee pension funds effectively. https://www.bankofengland.co.uk/-/media/boe/files/working-paper/2024/lash-risk-and-interest-rates.pdf
All Note Details