Swiss Bond Yield Eases From 19-Month High
2026-09-29 13:35
By
Larissa Caser
1 min. read
The yield on the Swiss 10-year government bond fell below 0.6%, easing from its 19-month high of nearly 0.65% reached last week, amid an upbeat economic outlook that contrasted with concerns over elevated global oil prices.
Switzerland’s KOF Economic Barometer climbed to its highest level in five years in September, reflecting increased optimism over the outlook for the Swiss economy despite the sharp rise in oil prices during the month.
Swiss economic growth in the second quarter was also stronger than anticipated, supported by a weaker Swiss franc.
On the monetary policy front, the Swiss National Bank left its policy rate unchanged at 0% at its September meeting, as widely antecipated.
Although markets still expect the SNB to deliver a rate hike by year-end and roughly three hikes by the end of 2027, many analysts view these expectations as overdone.