Actual
0.4480
Daily Change
-0.0004%
Monthly
-0.07%
Yearly
0.33%
Q4 Forecast
0.4200
Switzerland 10-Year Government Bond Yield - Summary

The Swiss 10-year government bond yield fell to 0.41%, its lowest level in nearly three months, while markets assess a Democratic takeover of the US congress, which raised expectations of tighter regulation of the AI buildout and lifted safe-haven demand. It could also lead to political gridlock and raised the prospect of fiscal restraint in the US, particularly President Trump's approach to the war with Iran. Further support came from SNB Chairman Schlegel’s remarks, which reinforced expectations that Swiss inflationary pressures remain contained and are largely driven by higher gasoline, diesel and heating oil prices since the outbreak of the US-Iran conflict. Swiss inflation reached a near three-year high of 1.5% in October, also reflecting a weaker franc. The SNB kept its policy rate unchanged at 0%. While markets anticipate a hike in early 2027, economists expect the first increase only in late 2027.

Switzerland 10-Year Government Bond Yield - Stats

The yield on Switzerland 10Y Bond Yield held steady at 0.45% on November 6, 2026. Over the past month, the yield has fallen by 0.07 points, though it remains 0.33 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 November 9 of 2026.

Switzerland 10-Year Government Bond Yield - Forecast

The yield on Switzerland 10Y Bond Yield held steady at 0.45% on November 6, 2026. Over the past month, the yield has fallen by 0.07 points, though it remains 0.33 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 0.42 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 0.29 in 12 months time.



Bonds Yield Day Month Year Date
Switzerland 10Y 0.45 -0.0004% -0.073% 0.328% Nov/06
Switzerland 2Y 0.21 0.013% 0.031% 0.369% Nov/06



Related Last Previous Unit Reference
Switzerland Inflation Rate 1.50 1.00 percent Oct 2026
Switzerland Interest Rate 0.00 0.00 percent Oct 2026
Switzerland Unemployment Rate 3.00 3.00 percent Oct 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
0.45 0.45 5.63 -1.17 1994 - 2026 percent Daily

News Stream
Swiss Bond Yields Drop Toward 3-Month Low
The Swiss 10-year government bond yield fell to 0.41%, its lowest level in nearly three months, while markets assess a Democratic takeover of the US congress, which raised expectations of tighter regulation of the AI buildout and lifted safe-haven demand. It could also lead to political gridlock and raised the prospect of fiscal restraint in the US, particularly President Trump's approach to the war with Iran. Further support came from SNB Chairman Schlegel’s remarks, which reinforced expectations that Swiss inflationary pressures remain contained and are largely driven by higher gasoline, diesel and heating oil prices since the outbreak of the US-Iran conflict. Swiss inflation reached a near three-year high of 1.5% in October, also reflecting a weaker franc. The SNB kept its policy rate unchanged at 0%. While markets anticipate a hike in early 2027, economists expect the first increase only in late 2027.
2026-11-05
Swiss Bond Yields Fall Toward 2-Month Low
The Swiss 10-year sovereign yield fell below 0.5%, reaching its lowest level in just over two months, while markets assess a Democratic takeover of the US congress, which could lead to political gridlock and raised the prospect of fiscal restraint in the US. It could also affect President Trump’s foreign policy agenda, particularly his approach to the war with Iran. However, signs of persistent inflationary pressures limited gains. In Switzerland, inflation climbed to a nearly three-year high of 1.5% in October, driven by a weaker franc and higher energy prices. While still within the SNB’s 0%-2% target range, inflation moved closer to its upper limit. The SNB kept its policy rate at 0%, with Chair Schlegel signalling no immediate need for a change. While markets expect a hike in early 2027, economists anticipate a move only in late 2027 as core inflation remained steady at 0.5%.
2026-11-04
Swiss Bond Yields Stay Near 7-Week Low
The Swiss 10-year sovereign yield held near 0.5%, remaining close to a seven-week low, as stronger-than-expected inflation pressured yields. Swiss inflation climbed to a nearly three-year high of 1.5% in October, driven by a weaker franc and higher energy prices, although its share in the Swiss inflation basket is small compared with its European peers. While still within the SNB’s 0%-2% target range, inflation moved closer to its upper limit. The SNB kept its policy rate at 0%, with Chair Schlegel signalling no immediate need for a change. However, rising inflation has strengthened market expectations of a rate hike in early 2027, although most economists anticipate a move only in late 2027 as core inflation remained steady at 0.5%. High oil prices are also fuelling expectations of monetary tightening elsewhere, adding pressure to Swiss yields. In contrast, safe-haven demand amid Europe’s uncertain fiscal outlook is providing some support.
2026-11-03