Birdwatch Note Rating
2024-08-01 17:01:32 UTC - NOT_HELPFUL
Rated by Participant: B0ECADDA15BA94020D20D6310CC11B6F1CA067AAEACD0DE91D864FB6EE4573B3
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