Switzerland's 10-year government bond yield rose above 0.5%, reaching its highest level since late May, as brent prices surged past the $100 mark amid a reduced oil supply outlook that further lifted concerns over inflation. Swiss inflation doubled to 0.8% in August, although remaining well within the SNB’s target and highlighting the limit pass through of higher global oil prices. Electricity prices are also set to decline around 4% next year, according to the Swiss Federal Electricity Commission, as local utility companies pass on lower wholesale costs to consumers. Meanwhile, quarterly economic growth was confirmed at a 5-year high of 1.5% On the monetary policy front, a Swiss Bankers Association survey showed that all bankers expect the SNB to keep its policy rate at 0% by year-end. Markets anticipated the first rate hike in June 2027, while most economists expect the first hike in early 2028.