1-Year Government Bond Yield by Country
Latest released 1-Year Government Bond Yield value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/gov_bond_1y. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
Switzerland
CHF · Swiss Franc
|
-0.1
31 Jul 2025
|
-0.12
30 Jul 2025
|
▲ +0.02 | 31 Jul 2025 | Daily | Percent | SNB |
What is 1-Year Government Bond Yield?
The 1-year government bond yield sits at the very front of the sovereign curve and is essentially a direct read on expected policy rates over the next twelve months.
Why it matters for FX
1-year yields move almost lockstep with policy expectations and are a useful cross-check on OIS pricing. Differentials at the 1-year point capture short-term carry and influence FX through the funding channel.
How to read this page
Compare across currencies at the same maturity. Watch the spread to the policy rate as a forward-pricing indicator.
What to watch for
- Spread to policy rate as expected-cuts gauge
- 1y differentials vs partner currency
- Cross-check with OIS forwards
- Auction demand at the front end
- Liquidity around quarter-end / year-end