Seeking Alpha

Credit Suisse does indeed plan to begin charging negative interest rates on Swiss franc...

Credit Suisse does indeed plan to begin charging negative interest rates on Swiss franc deposits, "inviting customers to keep cash balances as low as possible." Whether this will have effect on safe-haven flows is another story. What's a couple of basis points to a wealthy Spanish family or company concerned about a euro exit or capital controls in their home country.
From other sites
Comments (2)
  • bbro
    , contributor
    Comments (10262) | Send Message
     
    2 year Swiss bond has been below 0 consistently since May....
    3 Dec 2012, 04:22 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Taleb recently described Switzerland as anti-fragile.
    3 Dec 2012, 05:18 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs