Actual
0.6368
Daily Change
0.07%
Monthly
0.27%
Yearly
0.41%
Q3 Forecast
0.5481
Switzerland 10-Year Government Bond Yield - Summary

The yield on the Swiss 10-year government bond rose above 0.61%, the highest level since late March of 2025, following the Swiss National Bank’s monetary policy decision. The SNB left its key rate unchanged at 0% at its September meeting, citing elevated uncertainty amid persistent tensions in the Middle East that keeps global oil prices elevated. Still, Swiss economic growth was stronger than anticipated, supported by a weaker Swiss franc, while medium-term inflationary pressures increased only slightly, pointing to the limited impact from disruptions to the energy supply chain. Additionally, inflation forecasts were raised slightly to average 0.7% in 2026 and 0.8% in 2027 and 2028, well within the SNB's target, while economic growth is expected to reach between 1.5% and 2% in 2026 and around 1.5% in 2027. Elsewhere, a rebound in global oil prices and strong economic data led to a bond sell-off as expectations of further rate hikes among major economies increased.

Switzerland 10-Year Government Bond Yield - Stats

The yield on Switzerland 10Y Bond Yield rose to 0.64% on September 24, 2026, marking a 0.07 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.27 points and is 0.41 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 September 24 of 2026.

Switzerland 10-Year Government Bond Yield - Forecast

The yield on Switzerland 10Y Bond Yield rose to 0.64% on September 24, 2026, marking a 0.07 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.27 points and is 0.41 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The Switzerland 10-Year Government Bond Yield is expected to trade at 0.55 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 0.34 in 12 months time.



Bonds Yield Day Month Year Date
Switzerland 10Y 0.64 0.067% 0.275% 0.408% Sep/24
Switzerland 2Y 0.37 0.005% 0.323% 0.486% Sep/24



Related Last Previous Unit Reference
Switzerland Inflation Rate 0.80 0.40 percent Aug 2026
Switzerland Interest Rate 0.00 0.00 percent Sep 2026
Switzerland Unemployment Rate 3.00 3.00 percent Aug 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
0.64 0.57 5.63 -1.17 1994 - 2026 percent Daily

News Stream
Swiss Bond Yield Rises After SNB Decision
The yield on the Swiss 10-year government bond rose above 0.61%, the highest level since late March of 2025, following the Swiss National Bank’s monetary policy decision. The SNB left its key rate unchanged at 0% at its September meeting, citing elevated uncertainty amid persistent tensions in the Middle East that keeps global oil prices elevated. Still, Swiss economic growth was stronger than anticipated, supported by a weaker Swiss franc, while medium-term inflationary pressures increased only slightly, pointing to the limited impact from disruptions to the energy supply chain. Additionally, inflation forecasts were raised slightly to average 0.7% in 2026 and 0.8% in 2027 and 2028, well within the SNB's target, while economic growth is expected to reach between 1.5% and 2% in 2026 and around 1.5% in 2027. Elsewhere, a rebound in global oil prices and strong economic data led to a bond sell-off as expectations of further rate hikes among major economies increased.
2026-09-24
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