Do you know each other?  http://societe-voltaire.org/index.php/1-andro-rde-log-81d1.pdf#blouse 1 andro rde log  The main reason for this is that yields on government bonds – used by the state to borrow money from investors – are close to record lows, thanks to the financial crisis and quantitative easing. The yield on 15-year government bonds, also known as gilts, stands at about 3pc, virtually equal to the rate of inflation.