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When Bonds in Franc Are No Longer Worth the Blow
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1 Articles
In June of last year, the Swiss National Bank (SNB) decided to apply zero rates. Between 2015 and 2022, Switzerland had already experienced a context of low and even negative rates. This time again, the SNB took another step, not without reason. The reduction of last June's rate was understandable, given geopolitical tensions, moderate expectations in terms of inflation, a strong Swiss franc and cyclical developments.
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