Bond yields in most Nordic and Swiss markets fell in August, matching global trends. Currencies recorded mixed performances against the euro, with the Swiss franc depreciating while the Swedish krona rose. As Sweden’s Riksbank is likely to tighten policy before the ECB, while the Swiss National Bank is set to remain on hold for longer, we expect the krona to rise further while the franc weakens.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.