Swiss Cede Title of World’s Lowest Bond Yields to Czech Republic
- Czech two-year yields fall as low as minus 0.94%, below Swiss
- Foreigners buying Czech notes before koruna cap exit next year
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For a brief moment, the Czech Republic had the world’s lowest bond yields.
The rate on Czech two-year notes fell to a record low of minus 0.94 percent in early trading on Tuesday, seven basis points below Switzerland’s. It then rose back above the Swiss yield.