We investigate a turbulent stratified plane Poiseuille flow using linear models and nonlinear simulations. We propose the first complete explanation for the prolific and coherent backward (BWs)- and forward-propagating waves (FWs), which have been observed in these flows. We demonstrate a significant presence of oblique waves in the channel core, particularly for the FWs. Critically, we show that neglect of spanwise structure leads to a distorted dispersion relation due to its strong dependence on the angle of obliquity. Interestingly, solutions to the Taylor–Goldstein equations show that wave dynamics is strongly dependent on shear, with only a weak dependence on buoyancy for the BWs at low and order-one wavenumbers, when the wavenumber is scaled by the channel half-height. As the wavenumber increases, waves transition from a shear-dominated regime to a buoyancy-dominated regime, with their dispersion relation tending towards that of idealised internal waves subject to a shear-free and constant-buoyancy-gradient flow, with a characteristic velocity and buoyancy frequency corresponding to respective centreline values in the channel. Finally, we show that the dominance of the BWs arises due to the external forcing of the system, whereby turbulent fluid ejected into the core has a lower momentum when compared with the local flow, therefore preferentially generating BWs in the channel. Qualitatively, channel-core dynamics can be reproduced with low-momentum forcing to a velocity profile with a velocity maximum and a corresponding negative second derivative intersecting a region of strong buoyancy gradient. This structure is inherent to a wide variety of jet-like environmental, atmospheric and industrial flows, suggesting that BWs are a critical control on dynamics of such flows.