Abstract: The low mass of the Λ(1405) hyperon with j P = 1/2−, which is higher than the ground state Λ(1116) mass by 290 MeV, is difficult to understand in quark models. We analyze the hyperon spectrum in the bound state approach of the Skyrme model that successfully describes both the Λ(1116) and the Λ(1405). This model predicts that several hyperon resonances of the same spin but with opposite parity form parity doublets that have a mass difference of around 300 MeV, which is indeed realized in the observed hyperon spectrum. Furthermore, the existence of the $${\Xi(1620)}$$ and the $${\Xi(1690)}$$ of j P = 1/2− is predicted by this model. Comments on the Ω baryons and heavy quark baryons are made as well.