Birdwatch Note Rating
2024-08-01 18:44:43 UTC - HELPFUL
Rated by Participant: 69553AA2E95C43E1C9C7D5E5FA6A95004651FDE78C364F750BEFFB06DA11F575
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