Actual
4.6100
Daily Change
-0.002%
Monthly
0.44%
Yearly
1.05%
Q3 Forecast
4.5811
Italy 10-Year Government Bond Yield - Summary

Italy’s 10-year BTP yield climbed above 4.50%, reaching its highest level since October 2023, as uncertainty over the Strait of Hormuz drove oil prices higher and lifted concerns over inflationary pressures and expectations of higher-for-longer interest rates. Money markets are now pricing in roughly 100 basis points of ECB rate hikes by late 2027, as eurozone inflation is expected to reach its highest level in three years. In Italy, the government’s budget deficit was confirmed at 3.1% of GDP in 2025, down from 3.4% in the prior year but still above the EU’s 3% ceiling, contrasting with the government’s earlier forecast of a downward revision to 2.9%. Since March, the government had lowered fuel taxes to support consumption, while a diesel tax cut is set to expire next month. However, voluntary moves by energy majors operating in Italy to reduce fuel prices could provide some relief amid the country’s limited fiscal headroom ahead of next year’s general election.

Italy 10-Year Government Bond Yield - Stats

The yield on Italy 10Y Bond Yield eased to 4.57% on September 29, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.41 points and is 1.01 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 September 29 of 2026.

Italy 10-Year Government Bond Yield - Forecast

The yield on Italy 10Y Bond Yield eased to 4.57% on September 29, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.41 points and is 1.01 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 4.58 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 4.24 in 12 months time.



Bonds Yield Day Month Year Date
Italy 10Y 4.61 -0.002% 0.445% 1.050% Sep/29
Italy 1M 2.37 0.004% 0.248% 0.474% Sep/28
Italy 52W 3.17 0.025% 0.347% 1.107% Sep/28
Italy 20Y 5.06 0.001% 0.324% 0.906% Sep/29
Italy 2Y 3.61 0.029% 0.479% 1.359% Sep/29
Italy 30Y 5.19 0.075% 0.257% 0.734% Sep/28
Italy 3M 2.56 0.004% 0.051% 0.656% Sep/28
Italy 3Y 3.73 0.010% 0.478% 1.358% Sep/29
Italy 5Y 4.06 0.016% 0.500% 1.225% Sep/29
Italy 6M 2.73 0.007% 0.109% 0.694% Sep/28
Italy 7Y 4.26 -0.007% 0.474% 1.125% Sep/29
Italy 15Y 4.93 0.076% 0.375% 0.924% Sep/28



Related Last Previous Unit Reference
Italy Inflation Rate 3.30 2.90 percent Aug 2026
Italy Interest Rate 2.65 2.40 percent Sep 2026
Italy Unemployment Rate 5.80 5.80 percent Jul 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
4.57 4.61 14.20 0.43 1991 - 2026 percent Daily

News Stream
Italy's BTP Yield Hits Highest Since 2023
Italy’s 10-year BTP yield climbed above 4.50%, reaching its highest level since October 2023, as uncertainty over the Strait of Hormuz drove oil prices higher and lifted concerns over inflationary pressures and expectations of higher-for-longer interest rates. Money markets are now pricing in roughly 100 basis points of ECB rate hikes by late 2027, as eurozone inflation is expected to reach its highest level in three years. In Italy, the government’s budget deficit was confirmed at 3.1% of GDP in 2025, down from 3.4% in the prior year but still above the EU’s 3% ceiling, contrasting with the government’s earlier forecast of a downward revision to 2.9%. Since March, the government had lowered fuel taxes to support consumption, while a diesel tax cut is set to expire next month. However, voluntary moves by energy majors operating in Italy to reduce fuel prices could provide some relief amid the country’s limited fiscal headroom ahead of next year’s general election.
2026-09-28
Italy 10Y Bond Yield Hits 33-month High
Italy 10 Year Government Bond Yield increased to 4.43%, the highest since November 2023. Over the past 4 weeks, Italy 10Y Bond Yield gained 39.26 basis points, and in the last 12 months, it increased 91.63 basis points.
2026-09-14
Italy 10Y Bond Yield Hits 26-month High
Italy 10 Year Government Bond Yield increased to 4.14%, the highest since June 2024. Over the past 4 weeks, Italy 10Y Bond Yield gained 19.94 basis points, and in the last 12 months, it increased 50.49 basis points.
2026-08-31