Money market: Still a significant yield premium
The short end of the Swiss franc yield curve is approaching the zero line. Despite this, money market funds remain attractive, says Dominik Neukom.

Despite of the low interest rate environment, there may be attractive opportunities in the emerging markets bond segment.
Bond investors have good reason to be positive about the coming stock market year: This is the outlook for 2025.
Hybrids have clearly outperformed corporate bonds this year. What investors should now keep an eye on.
Donald Trump wins the US elections. But even under him, the US debt mountain is likely to continue to grow. The consequences of this - briefly explained in ten questions and answers.
The yield gap between swaps and Swiss government bonds has narrowed again since our last analysis. This has made Swiss government bonds more attractive, but a closer look is still required. And it is also worth taking a look at other CHF bonds – namely those issued by the cantonal banks.
Daniele Paglia looks back on an exciting nine months in bond markets. He explains which corporate bonds look attractive.
The sustainable added value of green bonds is now available almost for free. However, a closer look reveals subtle differences between the sectors. How high these are and what lies behind them.
Our statistical analysis shows: The average yield differential between a green bond and a conventional bond (Greenium) in the CHF bond market has narrowed significantly over time. What this means for issuers and investors.
Bonds from selected emerging markets are much more attractive for investors than those from industrialised countries. We name our favourites and explain where we exercise caution.