Birdwatch Note Rating
2024-08-02 10:31:29 UTC - NOT_HELPFUL
Rated by Participant: 9331DB104F2F0C2E76BC3C0592F0DB16EE10EB2D01E8C5C93368A5F2700E2934
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