Swiss interest rates were already the lowest in the world before The Swiss National Bank de-pegged from the Euro last week but in the ensuing few days, investor demand for the 'safety' of Switzerland has collapsed the yield curve to levels thought impossible just weeks ago...
The Swiss yield curve is now negative to 14 year maturity - the longest in the world...
With 1Y Swiss rates trading at -1.11% today - the lowest in the world...
Does this look like 'the crisis has passed'?
Coming to a US Treasury curve near you soon...
Charts: Bloomberg



