Market Minute – Rates and bonds July 2026

The Strait of Hormuz has reopened, inflationary pressure is subsiding, and the trend in capital market interest rates is pointing south again. The European Central Bank has nevertheless raised interest rates in what is described as a “dovish hike”; meanwhile, the SNB and the Fed remain on hold for now. We take a look back at developments on interest rate and bond markets in June, as well as turn to market expectations for the months ahead.

We take a look back at developments on interest rate and bond markets in June, as well as turn to market expectations for the months ahead. Read the views of our experts in the latest edition of “Market Minute”.