Posts Categorized: Switzerland

Swiss bank notes

Negative interest rates, deflation and strong currency make people’s mattress the preferred savings vehicle. Greeks and others from the Eurozone collecting Swiss franc notes are adding to the demand. A safety deposit box in Zurich can be rented without opening a bank account.

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Struggling Switzerland

In Switzerland, government bond yields remain firmly in negative territory as deflation sets in. Here is the 10-year yield. The government is making money on its “interest expense” category – time for some fiscal stimulus?