Birdwatch Note Rating
2024-08-01 16:22:20 UTC - NOT_HELPFUL
Rated by Participant: 3F53DFF21676DD376C4BFA5CC4734D9EE741CA93457F3749DC3AFC1C29806774
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