Birdwatch Note Rating
2024-08-02 17:20:02 UTC - HELPFUL
Rated by Participant: DD2C37C9346307DE06F807BFC0BF79E43A6FDDBDC7E334A6D5444815380D69CA
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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