Swiss 10-Year Bond Yield Little Changed

The yield on the 10-year Swiss government bond remained low at around 0.24%, after the Swiss National Bank left its policy rate unchanged at 0% following six cuts since March 2024 and struck a cautious tone.

The central bank now expects GDP growth of just 0.2% in 2025, down from 1–1.5%, and 1% in 2026, with inflation projected at 0.0% by mid-2028, signalling weak domestic demand.