A good rotary switch can be used up to 30...50 MHz. The problem is that due to internal capacitances, isolation grows poorer with frequency. Using reed switches allows to improve the isolation as each reed switch can be located in a screening tube which lowers the capacitive coupling. In RF switched attenuators, the isolation problem is solved by using double contacts which also reduces the coupling. You can use two mechanically coupled rotary switches to reduce the coupling. One contact before and one after the switched device (attenuator, filter, etc.)