Birdwatch Note Rating
2024-08-02 14:50:22 UTC - HELPFUL
Rated by Participant: C3FBA627227A772F5341F70EC71F3EA54B76610C0F36E0325D0BC6586B4C314C
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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