Market Minute – Rates and bonds April 2026

With the outbreak of war in Iran, March got off to a turbulent start on all levels. Interest rates around the world rose on renewed fears of inflation, the US dollar became a safe haven again and gold stopped working as a hedge. The SNB, ECB and Fed nevertheless left key interest rates on hold. We take a look back at developments on rates and bond markets in March, as well as turn to market expectations for the months ahead.

What does the current situation mean for investors? Read the views of our experts in the latest edition of “Market Minute”.