Actual
4.5116
Daily Change
0.02%
Monthly
0.17%
Yearly
1.13%
Q4 Forecast
4.5077
Italy 10-Year Government Bond Yield - Summary

Italy’s 10-year BTP yield hovered near 4.50%, remaining near a three-week low as expectations of a rate hike this month eased following remarks by Fed Chair Warsh. ECB President Lagarde noted that there were no signs yet of second-round effects from high energy prices, while markets still expect an ECB hike in December. Despite broader stability in Italy's risk premiums, Europe's fiscal concerns persist. Italy’s 2027 draft budget includes tax cuts and spending increases worth 0.98% of GDP, and an additional €10.7 billion contribution from the financial sector in 2027. The budget deficit is seen rising to 3.4% of GDP in 2027 from 2.9% this year, adding to debt sustainability concerns as Italy’s debt-to-GDP ratio is expected to surpass Greece’s this year as the eurozone’s most indebted country. Meanwhile, the Bank of Italy raised its Italian growth outlook for 2026 to 0.9%, in line with the government's 1%, while stating that planned defense and energy spending contributes positively.

Italy 10-Year Government Bond Yield - Stats

The yield on Italy 10Y Bond Yield rose to 4.51% on October 16, 2026, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.17 points and is 1.13 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Italy 10-Year Government Bond Yield reached an all time high of 14.20 in October of 1992. Italy 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on October 16 of 2026.

Italy 10-Year Government Bond Yield - Forecast

The yield on Italy 10Y Bond Yield rose to 4.51% on October 16, 2026, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.17 points and is 1.13 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The Italy 10-Year Government Bond Yield is expected to trade at 4.51 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.25 in 12 months time.



Bonds Yield Day Month Year Date
Italy 10Y 4.51 0.024% 0.171% 1.134% Oct/16
Italy 1M 2.44 -0.062% 0.039% 0.653% Oct/16
Italy 52W 3.17 0.066% 0.073% 1.155% Oct/16
Italy 20Y 4.96 0.014% 0.136% 0.969% Oct/16
Italy 2Y 3.52 0.054% 0.057% 1.381% Oct/16
Italy 30Y 5.13 0.026% 0.140% 0.804% Oct/16
Italy 3M 2.63 -0.003% 0.104% 0.688% Oct/16
Italy 3Y 3.66 0.053% 0.097% 1.439% Oct/16
Italy 5Y 3.97 0.033% 0.147% 1.258% Oct/16
Italy 6M 2.88 -0.003% 0.162% 0.916% Oct/16
Italy 7Y 4.19 0.036% 0.164% 1.234% Oct/16
Italy 15Y 4.83 0.008% 0.143% 0.977% Oct/16



Related Last Previous Unit Reference
Italy Inflation Rate 4.20 3.30 percent Sep 2026
Italy Interest Rate 2.65 2.40 percent Sep 2026
Italy Unemployment Rate 6.20 6.00 percent Aug 2026

Italy 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
4.51 4.49 14.20 0.43 1991 - 2026 percent Daily

News Stream
Italy's BTP Yield Holds Near 3-Week Low
Italy’s 10-year BTP yield hovered near 4.50%, remaining near a three-week low as expectations of a rate hike this month eased following remarks by Fed Chair Warsh. ECB President Lagarde noted that there were no signs yet of second-round effects from high energy prices, while markets still expect an ECB hike in December. Despite broader stability in Italy's risk premiums, Europe's fiscal concerns persist. Italy’s 2027 draft budget includes tax cuts and spending increases worth 0.98% of GDP, and an additional €10.7 billion contribution from the financial sector in 2027. The budget deficit is seen rising to 3.4% of GDP in 2027 from 2.9% this year, adding to debt sustainability concerns as Italy’s debt-to-GDP ratio is expected to surpass Greece’s this year as the eurozone’s most indebted country. Meanwhile, the Bank of Italy raised its Italian growth outlook for 2026 to 0.9%, in line with the government's 1%, while stating that planned defense and energy spending contributes positively.
2026-10-16
Italy's BTP Yield Falls to Three-Week Low
Italy’s 10-year BTP yield fell to 4.50%, reaching a three-week low amid a broader decline in sovereign yields, as a higher-for-longer interest rate scenario raised concerns over costly AI investment. Despite lower yields, Europe's fiscal concerns persist. Italy’s 2027 draft budget includes tax cuts and spending increases worth 0.98% of GDP, alongside an additional €10.7 billion contribution from the financial sector in 2027, equivalent to 0.21% of GDP. No similar contribution from energy firms was mentioned, despite previous speculation. The budget deficit is seen rising to 3.4% of GDP in 2027 from 2.9% this year, adding to debt sustainability concerns as Italy’s debt-to-GDP ratio is expected to surpass Greece’s this year as the eurozone’s most indebted country. ECB President Christine Lagarde noted that there were no signs yet of second-round inflationary effects from elevated energy prices, but markets still expect an ECB rate hike in December amid persistent inflation risks.
2026-10-15
Italy's BTP Yield Rebounds
Italy’s 10-year BTP yield climbed to 4.58%, tracking higher US Treasury yields after higher-than-expected inflation data that raised bets of a Fed rate hike in October. In Europe, ECB President Largarde stated that no sign of second-round effects of high energy prices on inflation were seen yet, although caution remains of persistent inflationary pressures. As such, markets continue to expect a ECB hike in December. In Italy, its largest business lobby, Confindustria, has warned of a worsening energy shock. While its Italian economic growth forecasts for 2026 match the government's at 1%, growth for 2027 is seen lower at 0.6%, as the phaseout of free EU carbon permits could lead to loss of capacity and company closures. This adds to concerns over Italy's 2027 budget plan that's set to be above the EU's 3% of GDP limit, on optimistic growth assumptions. Italy’s debt-to-GDP ratio, currently at 138.6%, is also expected to surpass Greece’s this year as the eurozone’s most indebted country.
2026-10-14