Birdwatch Note Rating
2024-08-01 19:18:54 UTC - HELPFUL
Rated by Participant: 3BECF5FC8223D345EBD98FA518BDB43A7575EE3B5633BF2651A1A7518100F63B
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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