Birdwatch Note Rating
2024-08-02 13:11:52 UTC - HELPFUL
Rated by Participant: 32EA4564DF06FFC49A40D5470CCF5ACFF3AB3768356B7F8899CD559E06E53AC1
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