Swiss Bond Yield Rebounds

2026-09-23 16:24 By Larissa Caser 1 min. read

The yield on the Swiss 10-year government bond rose above 0.55% after reaching its lowest level in over two weeks, as global oil prices rebounded, raising concerns over prolonged inflationary pressures.

On the monetary policy front, the Swiss National Bank is set to announce its policy rate decision on Thursday and is widely expected to leave the rate unchanged at 0%.

A Swiss Bankers Association survey showed that all respondents expect the SNB to keep its policy rate at 0% through the end of the year.

Markets are pricing in the first rate hike for June 2027, while most economists expect the first increase in early 2028.

Meanwhile, the State Secretariat for Economic Affairs raised its forecast for economic growth in 2026 to 1.7%, as the impact of higher energy prices remains limited, up from its June projection of 0.9% and broadly in line with the OECD’s latest forecast of 2%.



News Stream
Swiss Bond Yield Rebounds
The yield on the Swiss 10-year government bond rose above 0.55% after reaching its lowest level in over two weeks, as global oil prices rebounded, raising concerns over prolonged inflationary pressures. On the monetary policy front, the Swiss National Bank is set to announce its policy rate decision on Thursday and is widely expected to leave the rate unchanged at 0%. A Swiss Bankers Association survey showed that all respondents expect the SNB to keep its policy rate at 0% through the end of the year. Markets are pricing in the first rate hike for June 2027, while most economists expect the first increase in early 2028. Meanwhile, the State Secretariat for Economic Affairs raised its forecast for economic growth in 2026 to 1.7%, as the impact of higher energy prices remains limited, up from its June projection of 0.9% and broadly in line with the OECD’s latest forecast of 2%.
2026-09-23
Swiss Bond Yield Falls to One-Week Low
The yield on the Swiss 10-year government bond fell to around 0.54%, reaching its lowest level in over a week, as declining global oil prices eased concerns over inflationary pressures. On the monetary policy front, the Swiss National Bank is set to announce its policy rate decision on Thursday and is widely expected to leave the rate unchanged at 0%. A Swiss Bankers Association survey showed that all respondents expect the SNB to keep its policy rate at 0% through the end of the year. Markets are pricing in the first rate hike for June 2027, while most economists expect the first increase in early 2028. Meanwhile, the State Secretariat for Economic Affairs raised its forecast for economic growth in 2026 to 1.7%, as the impact of higher energy prices remains limited, up from its June projection of 0.9% and broadly in line with the OECD’s latest forecast of 2%.
2026-09-21
Swiss Bond Yield Eases Further
The yield on the Swiss 10-year government bond declined to around 0.53%, retreating from multi-month highs of 0.61% reached in mid-September, as the global bond sell-off paused following the Fed’s first interest-rate hike since 2023. In Switzerland, a Swiss Bankers Association survey showed that all respondents expect the SNB to keep its policy rate at 0% through the end of the year, as the impact of higher energy prices remains limited. Markets are pricing in the first rate hike for June 2027, while most economists expect the first increase in early 2028. Safe-haven demand has also provided support to the Swiss bond market. Meanwhile, the State Secretariat for Economic Affairs raised its forecast for economic growth in 2026 to 1.7%, up from its June projection of 0.9% and broadly in line with the OECD’s latest forecast of 2%.
2026-09-17