Business · Markets · 2 hrs ago
Swiss investors face risks as global debt continues to rise
A commentary by an economist at UBS says Swiss investors must plan for a world where debt keeps increasing.
Switzerland itself has low public debt and contained inflation.
But the strong Swiss franc and rising interest rates around the world add pressure.
The global economy is showing signs of strength, yet high debt remains a concern for financial markets.
The issue for Swiss investors is how to invest as debt grows, rather than whether public debt is already high.
The commentary does not set out specific investment advice or next steps.
Switzerland faces investment risks from rising global debt, despite its low public debt and contained inflation.
The Swiss franc’s structural strength and rising global interest rates add to the challenges.
The global economy shows signs of strength, but debt continues to cast a shadow over markets.
For Swiss investors, the question is how to invest in a world where public debt keeps increasing.
The assessment was made by UBS Global Wealth Management economist James Mazeau in a Le Temps commentary.
- Who
- Swiss investors face the risks; James Mazeau, an economist at UBS Global Wealth Management, wrote about them.
- What
- The commentary discusses investment in a world of rising debt and the challenges facing Switzerland.
- When
- Published on 12 October 2026.
- Where
- Switzerland and the global economy.
- Why
- Global debt is increasing, while rising global interest rates and the Swiss franc’s structural strength affect Switzerland.
This story does not have two clearly opposing sides.
Pour les investisseurs suisses, la question n’est plus de savoir si l’endettement public est élevé, mais comment investir dans un monde où il ne cesse d’augmenter.
This story does not have a timeline yet.
- Swiss public debt
- Described as low
- Inflation in Switzerland
- Described as contained
- Global interest rates
- Rising
- Swiss franc
- Structural strength
- Author
- James Mazeau, economist at UBS Global Wealth Management









