Birdwatch Note Rating
2024-08-03 23:16:54 UTC - HELPFUL
Rated by Participant: 9DC49420BD867759248510586B57BCDED314ADBB8847A636F1F530F33160BF82
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