On 27/02/2021 15:47, Chris Green wrote:
Andrew wrote:

Since base rate is 0.1% and 10 year gilts are about 0.7%
you might as well stick the whole lot in premium bonds
until interest rates are closer to where they should be
(inflation + 1%).

You might as well spend it all! :-)


That will create inflation though, which the worry that
is sending US 10Y bond yields over 1.5% and heading north
since mid january.