Birdwatch Note Rating
2024-08-01 21:45:33 UTC - HELPFUL
Rated by Participant: FF4109B96844F833D3A2B89269C1B5030226B5FD13B8E5C2EBD9BAEBF0ABFFDB
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