USA 2.86 2.18
Canada 2.06 1.55
Germany 0.25 -0.18
UK 1.26 0.90
France 0.73 0.23
Spain 1.40 0.76
Holland 0.41 0.01
Switzerland -0.24 -0.49
Japan 0.02 -0.09
Australia 2.44 1.48
New Zealand 2.45 1.70
Hong Kong 2.03 1.37
South Korea 2.00 1.74
Seems to be that loaning money to high income California residents with 30% or more down payments at 3% is a great deal. Let’s go 3% 30 year mortgages!
The Swiss yield curve by the way bottoms out at the 2 to 4 year range, where interest rates are below -0.8%.
The Swiss 50-year rate is 0.153%, meaning whoever gets your bond when you’re dead in 2069 will have earned less than 8% in compounded interest over those 50 years.
