The yield on Switzerland 10Y Bond Yield eased to 0.39% on May 29, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has remained flat, and it is 0.08 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity.

Historically, the Switzerland 10-Year Government Bond Yield reached an all time high of 5.63 in September of 1994. Switzerland 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on May 31 of 2026.

The Switzerland 10-Year Government Bond Yield is expected to trade at 0.37 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 0.21 in 12 months time.



Bonds Yield Day Month Year Date
Switzerland 10Y 0.39 -0.021% -0.003% 0.085% May/29
Switzerland 2Y 0.07 -0.010% -0.071% 0.223% May/29



Related Last Previous Unit Reference
Switzerland Inflation Rate 0.60 0.30 percent Apr 2026
Switzerland Interest Rate 0.00 0.00 percent Apr 2026
Switzerland Unemployment Rate 3.00 3.10 percent Apr 2026

Switzerland 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
0.39 0.41 5.63 -1.17 1994 - 2026 percent Daily

News Stream
Swiss 10-Year Bond Yield Little Changed
Switzerland’s 10-year government bond yield hovered just above 0.4%, retreating from a recent nine-month high of 0.48%, as investors evaluated the Swiss National Bank’s policy path while tracking stalled US-Iran negotiations. Headline inflation rate rose to 0.6% in April, the highest since December 2024, from 0.3% in March, sitting slightly above the 0.5% average projected by the SNB for this year. The increase was largely driven by higher energy prices, as the Middle East conflict pushed petrol prices sharply higher. Meanwhile, core inflation edged down to 0.3% from 0.4% in March, marking the softest increase since July 2021, easing pressure on the central bank to change policy. The appreciation of the franc amid ongoing safe-haven demand due to persistent geopolitical tensions and Switzerland’s low energy dependence should soften the impact on consumer prices. The SNB is expected to keep interest rates at 0% in June and possibly over the next 12 months.
2026-05-05
Swiss 10-Year Bond Yield Edges Down
Switzerland’s 10-year government bond yield eased to just below 0.39%, from an over eight-month high of 0.45% hit on April 7, amid easing geopolitical concerns. The US and Iran have agreed to a conditional two-week ceasefire, during which shipping traffic will be allowed through the Strait of Hormuz. This triggered a sharp fall in oil prices, easing fears of a prolonged energy and inflationary shock, while also dampening expectations of a more hawkish stance by major central banks. Domestically, the latest inflation figures reduced pressure on the Swiss National Bank to adjust policy. The annual consumer price inflation accelerated to 0.3% in March, from 0.1% in February, marking the highest in a year and highlighting the impact of rising energy prices linked to the war in the Middle East. The SNB held its key rate at 0% for a third meeting in March and reiterated potential intervention to limit the franc’s appreciation.
2026-04-08
Swiss 10-Year Bond Yield Inches Up
Switzerland’s 10-year government bond yield rose to near 0.39%, in line with major peers, as investors reassessed geopolitical risks. Expectations of a swift resolution to the Middle East conflict were dented after President Donald Trump, in a televised address, suggested US forces are close to completing their mission but will continue heavy military action over the coming weeks, reviving fears of a sustained energy crisis and upward pressure on inflation. Meanwhile, the latest domestic inflation figures eased pressure on the Swiss National Bank to adjust policy. The annual consumer price inflation accelerated to 0.3% in March, from 0.1% in February, marking the highest in a year and highlighting the impact of rising energy prices linked to the war in the Middle East. Still, it was below the expected 0.5% and remains near the bottom of the SNB's target of 0-2%.
2026-04-02