SNB sacrifices bonds but fails to control FX
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
SSA

SNB sacrifices bonds but fails to control FX

The Swiss bond market stalled this week despite investors’ rush for safe havens as the Swiss National Bank combated what it called the "massively overvalued" franc. But cutting rates and pumping up liquidity failed to cool the currency, which reached new highs on Thursday.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Related articles

Gift this article