UK borrowing costs just hit their lowest level in over a year. What does this mean for markets?

When government borrowing gets cheaper, it typically signals expectations of lower inflation or easing monetary policy down the pipeline. That kind of shift reverberates across asset classes—bonds move first, then equities, then risk-on trades like crypto.

Lower gilt yields also make safe havens less attractive relative to alternative investments. Capital that would've parked in sovereign debt starts hunting for better returns elsewhere. For crypto investors, this backdrop matters: it shapes risk appetite across the entire financial ecosystem.

Worth keeping tabs on how this plays out. Central banks, institutional flows, and market structure all react differently when borrowing conditions shift. The macro picture always influences where liquidity flows.