Switzerland 10-Year Bond Yield

Switzerland 10-Year Bond Yield closed up by 35.85% to -0.36 on 23 January 2021 and +104.55% on a weekly basis. Switzerland 10-Year Bond Yield momentum was last calculated at +100.0/100 indicating positive momentum. Switzerland 10-Year Bond Yield trend is -100.0/100 indicating a negative trend. Switzerland 10-Year Bond Yield momentum exhaustion is -0.34171 indicating Switzerland 10-Year Bond Yield is oversold.Switzerland 10-Year Bond Yield RSI is 36.7419 .

Switzerland 10-Year Bond Yield Chart

Switzerland 10-Year Bond Yield

Switzerland 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Switzerland 10-Year Bond Yield. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Switzerland 10-Year Bond Yield trading signals presented in the Switzerland 10-Year Bond Yield statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Switzerland 10-Year Bond Yield CH.10Y -0.36 1 -1 -0.34171 36.7419 35.85 104.55 44.58 0.16949

Switzerland 10-Year Bond Yield closed at -0.36 on 23 January 2021. Switzerland 10-Year Bond Yield trend was last calculated at -100.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Switzerland 10-Year Bond Yield momentum was last calculated at +100.0/100 (range: -100 to +100) indicating positive momentum. Switzerland 10-Year Bond Yield momentum exhaustion is -0.34171 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Switzerland 10-Year Bond Yield is oversold and a possible reversal is imminent. Switzerland 10-Year Bond Yield RSI was last calculated at 36.7419. Switzerland 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: -0.48735 in a downtrend , 1-quarter moving average: -0.48743 in a downtrend and 1-year moving average: -0.50646 in a downtrend. Switzerland 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at 35.85%, and weekly return was last recorded at 104.55%. Switzerland 10-Year Bond Yield histrorical 20-day volatility was last recorded at 81.6273%, Switzerland 10-Year Bond Yield alpha None, Switzerland 10-Year Bond Yield beta None and Switzerland 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Switzerland 10-Year Bond Yield statistics based on historical data since 1970.

Switzerland 10-Year Bond Yield News

Switzerland 10-Year Bond Yield Factors

Switzerland 10-Year Bond Yield

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Switzerland PMI vs 10Y CH.FACT.10YPMI -0.502 -36.4852 -0.196449
Switzerland 10Y vs FX CH.FACT.FX10Y -0.486 11.129 0

Switzerland Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
SMI SMI 12021.6 1 1 1.01835 65.2033 -0.18 1.03 7.7 0.00816
Switzerland ETF EWL 49.39 1 1 1.91653 70.4172 -0.22 0.71 5.56 0.11301
Swiss Franc US Dollar (CHF/USD) CHFUSD 0.92 -1 -1 -1.74206 40.048 0.6 0.2 1.17 -0.08205
Switzerland 10-Year Bond Yield CH.10Y -0.36 1 -1 -0.34171 36.7419 35.85 104.55 44.58 0.16949
Switzerland 5-Year Bond Yield CH.5Y -0.68 1 -1 -1.02 39.2749 11.66 34.92 21 0.12628
Switzerland 2-year bond yield CH.2Y -0.79 0 -0.75 -0.85558 45.3951 2.2 6.33 5.05 0.11806
Switzerland Yield Curve CH.YC 0.43 -1 -0.75 0.13374 40.5618 -15.35 -24.16 -14.51 -0.01556

Switzerland Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade 3291 3873 -0.150271 -0.218896 1.0 -1.0 0.25 2021-04-30
banks balance sheet 2272590 2268380 0.00185595 0.0258518 1.0 1.0 0.5 2021-04-30
business confidence 133.4 143.7 -0.0716771 1.05547 1.0 1.0 0.966667 2021-06-30
capacity utilization 82.02 80.86 0.0143458 -0.0180773 1.0 -1.0 0.366667 2021-04-01
capital flows 8435.62 2593.24 2.25293 2.29208 -1.0 1.0 0.883333 2021-01-30
car registrations 25.85 19.85 0.302267 0.0607739 1.0 1.0 0.833333 2021-06-30
central bank balance sheet 1012150 1011150 0.000988973 0.101783 1.0 1.0 0.466667 2021-05-31
consumer confidence -7.1 -14.2 -0.5 0.314815 1.0 -1.0 0.75 2021-04-01
consumer price index cpi 101.11 101.03 0.000791844 0.00606965 1.0 1.0 0.666667 2021-06-30
core inflation rate 0.3 0.2 0.5 -1.6 1.0 1.0 0.35 2021-06-30
current account 15927.5 -2852.76 -6.58319 0.353919 1.0 1.0 0.783333 2021-03-31
current account to gdp 3.8 6.7 -0.432836 0.583333 -1.0 1.0 0 2020-01-31
deposit interest rate -0.4 -0.43 -0.0697674 0.025641 -1.0 -1.0 0.15 2021-01-31
exports 20043 10052 0.993932 0.213271 1.0 1.0 1 2021-04-30
external debt 2097470 2000980 0.0482214 0.146315 1.0 1.0 0.6 2021-01-01
fiscal expenditure 224309 221715 0.0116997 0.218521 1.0 1.0 0 2019-01-31
foreign direct investment 1369630 1358870 0.00791834 2.44416 1.0 1.0 0 2019-12-31
foreign exchange reserves 902466 914080 -0.0127057 0.105226 1.0 1.0 0.5 2021-05-31
gdp 703.082 705.141 -0.00291998 0.46502 1.0 1.0 0 2019-01-31
Real GDP 180629 180063 0.00314334 0.0413054 1.0 1.0 0.2 2020-10-01
gdp growth -0.5 0.1 -6 -1.45455 -1.0 -1.0 0.2 2021-01-01
gdp growth annual -1.6 -7.8 -0.794872 -2.14286 -1.0 -1.0 0.116667 2020-07-01
gold reserves 1040 1040 0 0.00000961548 1.0 1.0 0.933333 2019-06-01
government budget -2.6 1.4 -2.85714 -2.36842 -1.0 -1.0 0 2020-01-31
Government budget 8097 8577 -0.0559636 -0.106883 1.0 -1.0 0 2019-01-31
government debt 192446 197684 -0.0264968 -0.148522 -1.0 -1.0 0 2019-01-31
government debt to gdp 41 40.9 0.00244499 -0.0989011 -1.0 -1.0 0 2019-01-31
government revenues 227553 223705 0.0172012 0.179324 1.0 1.0 0 2019-01-31
housing index 179.668 176.754 0.0164862 0.0739784 1.0 1.0 0.483333 2021-01-01
imports 16752 16179 0.0354163 0.361221 1.0 1.0 0.983333 2021-04-30
industrial production 4.8 -1.9 -3.52632 -0.342466 1.0 -1.0 0.7 2021-01-01
inflation cpi 0.6 0.3 1 -1.46154 1.0 1.0 0.325 2021-05-31
inflation expectations 0.31 0.2 0.55 -0.581081 -1.0 -1.0 0 2020-11-01
interbank rate -0.74 -0.75 -0.0133333 -0.0133333 1.0 1.0 0.0666667 2021-06-02
interest rate -0.75 -0.75 0 0 -1.0 -1.0 0.508333 2020-02-12
loans to private sector 1595170 1598120 -0.00184592 0.0412405 1.0 1.0 0.783333 2021-04-30
long term unemployment rate 1.7 1.6 0.0625 0.0625 1.0 1.0 0 2020-10-01
manufacturing pmi 66.7 69.9 -0.0457797 0.591885 1.0 1.0 0.966667 2021-06-30
money supply m0 719539 722412 -0.00397696 0.0512829 -1.0 1.0 0.466667 2021-06-30
money supply m1 753156 748161 0.00667637 0.0655224 1.0 1.0 0.7 2021-05-31
money supply m2 1090810 1088290 0.00231556 0.044637 1.0 1.0 0.816667 2021-05-31
money supply m3 1153280 1151580 0.00147623 0.040641 1.0 1.0 0.766667 2021-05-31
Producer Price Index 102.72 102.4 0.003125 0.029568 1.0 1.0 0.916667 2021-06-30
PPI Index 2.9 3.2 -0.09375 -1.82857 1.0 1.0 0.166667 2021-06-30
retail sales MoM -1.8 -2.9 -0.37931 -1.05696 -1.0 -1.0 0.583333 2021-05-31
retail sales 2.8 37.7 -0.925729 -0.64557 -1.0 -1.0 0.55 2021-05-31
unemployment rate 2.8 3.1 -0.0967742 -0.125 -1.0 -1.0 0.233333 2021-06-30
zew economic sentiment index 51.3 72.2 -0.289474 0.0533881 1.0 1.0 0.666667 2021-06-30

Switzerland 10-Year Bond Yield Trading Signals


MacroVar estimates the following signals: Switzerland 10-Year Bond Yield momentum, Switzerland 10-Year Bond Yield trend, Switzerland 10-Year Bond Yield oscillator, Switzerland 10-Year Bond Yield RSI and Switzerland 10-Year Bond Yield returns.

Switzerland 10-Year Bond Yield Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarSwitzerland 10-Year Bond Yield momentum signal ranges from -100 to +100. The Switzerland 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Switzerland 10-Year Bond Yield. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Switzerland 10-Year Bond Yield return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Switzerland 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Switzerland 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Switzerland 10-Year Bond Yield trend

Switzerland 10-Year Bond Yield trend signal ranges from -100 to +100. Switzerland 10-Year Bond Yield trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Switzerland 10-Year Bond Yield Closing price vs Switzerland 10-Year Bond Yield moving average (MA) calculation: If Switzerland 10-Year Bond Yield is greater than Switzerland 10-Year Bond Yield MA value is +1, else -1, 2. Switzerland 10-Year Bond Yield Moving average slope calculation: if current Switzerland 10-Year Bond Yield moving average is higher than the previous MA, Switzerland 10-Year Bond Yield upward slope +1, else -1
Switzerland 10-Year Bond Yield trend model can be used as a trend strength indicator. Switzerland 10-Year Bond Yield trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Switzerland 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Switzerland 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Switzerland 10-Year Bond Yield is in an uptrend when Switzerland 10-Year Bond Yield price is higher than the 52-week moving average and the Switzerland 10-Year Bond Yield 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Switzerland 10-Year Bond Yield oscillator and Switzerland 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Switzerland 10-Year Bond Yield oscillator

The Switzerland 10-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current Switzerland 10-Year Bond Yield price versus Switzerland 10-Year Bond Yield 1-year simple moving average price. The formula for the Switzerland 10-Year Bond Yield oscillator is:
Switzerland 10-Year Bond Yield oscillator = (Current Price – 250 trading days Switzerland 10-Year Bond Yield simple moving average price) / (250 days Switzerland 10-Year Bond Yield price standard deviation)

Switzerland 10-Year Bond Yield oversold conditions
Switzerland 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Switzerland 10-Year Bond Yield is oversold it is often due for a rebound. Values of the Switzerland 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Switzerland 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Switzerland 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Switzerland 10-Year Bond Yield RSI.
Switzerland 10-Year Bond Yield overbought conditions
Switzerland 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Switzerland 10-Year Bond Yield is overbought it is often due for a correction. Values of the Switzerland 10-Year Bond Yield oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Switzerland 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Switzerland 10-Year Bond Yield RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Switzerland 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Switzerland 10-Year Bond Yield uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Switzerland 10-Year Bond Yield returns

MacroVar calculates Switzerland 10-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Switzerland 10-Year Bond Yield returns = (Switzerland 10-Year Bond Yield Closing Price – Switzerland 10-Year Bond Yield Previous Price)/(Switzerland 10-Year Bond Yield Previous Price)
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