Birdwatch Note Rating
2024-08-01 20:37:55 UTC - HELPFUL
Rated by Participant: 19BBBAD07729CF9632AF5E948C2C3911B3941EC0308C714F109D03B978A7B617
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
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