I costi di indebitamento del governo britannico scendono al livello più basso da luglio

TL;DR. Bond yields have fallen as investors seek safer assets due to fears the US banking system will fall over and US/China trade war fucks with equities.

The government hasn’t done anything here to reduce borrowing costs, it’s just a consequence of bond prices rising as people buy more UK government bonds. It’s just benefiting from cheaper borrowing as a side effect of global risk aversion.

Lower yields look nice on paper (less interest to pay), but the reason they fell is bad news, it signals markets are worried about growth, stability, or risk in equities.

Basically: yields down = cheaper debt but for the wrong reasons.

Does this have anything to do with the whole custard cream debacle?