Birdwatch Note Rating
2024-08-02 19:37:15 UTC - HELPFUL
Rated by Participant: 3674DAC8EE89BBB06B396BC7A31644D3D8B1E3EDB14983B6ED215AC18131A433
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