Birdwatch Note Rating
2024-08-02 18:57:07 UTC - HELPFUL
Rated by Participant: 6A20C4EE349E958052BA2BC4153A19F2C1C461C8F4874575D8C0DC924F5CE339
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