Has the interest rate on UK debt fallen to low records because of coronavirus?

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What’s driving state borrowing rates in the financial market to such extreme low levels? And is the move itself something to be welcomed - or feared?

The interest rate on traded UK government debt has fallen to its lowest ever level, amid rising anxiety about the economic impact of the globalThe yield on British government bonds which are due to be redeemed in a decade’s time fell to below 0.3 per cent on Friday afternoon.

 

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Dude. The central bank sets long term rates by setting the short term (bank) interest rate. It's a policy variable.

Stick to celebrity posts..... You're not that clever when it comes to anything else.

I've never been interested

Not if you have a credit card like most humans.

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