The Government is this week set to borrow billions of pounds at just 1 per cent - its cheapest ever rate - after the Brexit vote sent investors searching for safe places to put their money.
Government bonds, known as gilts, have soared in value since Britain voted to leave the European Union and investors sought safe havens. Expectations that the Bank of England could launch more quantitative easing - in which it buys gilts - have also lured bond-buyers.
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