Birdwatch Note Rating
2024-08-02 05:58:58 UTC - HELPFUL
Rated by Participant: CF656EA657959CA1DEB7D28025B093FD59C8D32FBD26A2B2F087D5CAF603B08D
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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