Birdwatch Note Rating
2024-08-02 22:13:52 UTC - NOT_HELPFUL
Rated by Participant: C2AC8722FB98B831F6B53BA32B49025420718E4E80DB1CB46E8B97D68459FAA9
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