https://www.marketwatch.com/investing/bond/tmbmkgb-10y?countrycode=bx

look at that yield curve in england.  the 2,3,4,5 yr rates are all lower than the 1 yr or the short rate.  the 10 and 12 yr rate is the same as the 1 yr.  and the 15, 20 and 30 yr rates are still very low. 

all % rates are lower than inflation.  this is why gold will continue to rise in their currency.  if inflation is close to 2%, and a 20 yr note pays less than 1%, then money flows into gold.