Birdwatch Note Rating
2024-08-01 21:21:51 UTC - HELPFUL
Rated by Participant: 186395CF6826EF9B8074B0F407D69E52F9BA608B524D3339167E0FB89F9A7DF1
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