Birdwatch Note Rating
2024-08-01 22:15:50 UTC - HELPFUL
Rated by Participant: B9BA00A3C49F959E23C421ED525293F88B98E4AF7180891C120D6FD9391DA736
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
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