Maechler: Developments on the Swiss franc capital market and the SNB's monetary policy

Against the backdrop of low interest rates worldwide, the cost of borrowing has steadily fallen in recent years. The SNB's policy of negative interest has further accentuated this trend in Switzerland. Despite this, the Swiss franc bond market has contracted in recent years. This is primarily due...
Maechler: Developments on the Swiss franc capital market and the SNB's monetary policy