Breakingviews - COMMENTARY: The UK’s ‘moron premium’ predates the morons ↧ ↧ Breakingviews - COMMENTARY: The UK’s ‘moron premium’ predates... Britain's higher borrowing costs ⁠aren't just ​about political dysfunction. It's ​the only major economy whose central bank ​is actively ​selling bonds, and 24% of ‌its ⁠debt is inflation-linked. The rising cost of the ​status ​quo ⁠calls for a faster shift ​towards short-term ​issuance.