The Economist reported that the Swiss National Bank intervened in its currency markets in almost two decades, making Switzerland the first big economy to resort to a maneuvered devaluation during the current crisis. The Swiss government is buying euros and dollars and selling Francs. The Swiss government is buying its own bonds, the equivalent of Treasury bonds in the US, and corporate bonds. As the report points out, however, this is not very different from what some other economies are doing, particularly, the United States.