Switzerland loses hold on the lowest borrowing costs in the world | Instant News


Swiss bond yields have shot higher than Germany for the first time in recent years, causing financial paradise to lose its long-held position as the lowest-cost economy in the world.

Yields on Swiss government bonds are still in negative territory, but have risen sharply in recent weeks, because the Swiss National Bank’s response to the coronavirus pandemic is less aggressive than efforts by the European Central Bank and the Federal Reserve. Investors pay for euro zone government bonds …

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