Swiss Bond Yields Climb to Highest in Over a Month
2026-11-13 10:50
By
Larissa Caser
1 min. read
The Swiss 10-year government bond yield rose above 0.55%, reaching is highest level in six weeks, as persistent inflation raised bets of further global monetary tightening.
President Trump’s remarks downplaying the need for a deal with Iran heightened concerns that the conflict could be prolonged, further supporting these expectations.
In Switzerland, however, SNB Chairman Schlegel said there were no signs of a broadening in price pressures and that the central bank had fulfilled its mandate of maintaining price stability over the medium term.
Although inflation reached a three-year high in October, rising energy costs account for a small CPI basket share.
The SNB is expected to leave its policy rate unchanged at 0% next month.
While markets anticipate a hike in early 2027, economists expect the first increase only in late 2027.
Meanwhile, discussions over the impact of stricter banking regulations on the financial sector remain inconclusive as officials seek to reduce bailout risks.