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Wednesday, February 25, 2026

In Race to Negative Rates on 10-Year Bonds, Switzerland Leads Japan

Courtesy of Mish.

In the race to see which country will be first to hit zero percent or below on 10-year government bonds, Switzerland in in first place at 0.219%, Japan is second at 0.295%, Germany is in third place at 0.447%, and the US is not even in the running at 1.963%, with numerous European countries having lower yields.

Switzerland 10-Year Bond Yield

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Japan 10-Year Bond Yield

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Germany 10-Year Bond Yield

German and Swiss rates rates are negative everywhere from 1-month to 5-years.

Switzerland 5-Year Bond Yield

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