Birdwatch Note Rating
2024-08-01 18:37:52 UTC - HELPFUL
Rated by Participant: 8E6F0E7C1B0DC2E8016C14BD9C0E114EE0CC696C60B4E59D85BA5E4ABB5A5B6D
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