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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly 2-Year BTP Short Term climbed to 3.61% in April 2023
FMPMonthlyReleased May 2023
Italy 2-Year BTP Short Term climbed to 3.61% in April 2023, released May 2023, up 0.03% from March's 3.58% reading.
Latest Release
3.610000
Actual
—
Consensus
3.580000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| DAX | ▲ Direct | +0.40 | INDEX | Bullish EU | → View |
| EUR/GBP | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
2-Year BTP Short Term (Italy) was reported at 3.61% in May 2023. The reading rose from the previous value of 3.58%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with DAX, positively correlated (Bullish EU).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Business Confidence (Jun 26) and Consumer Confidence (Jun 26).
Auto-generated from current model state · Refreshes on each release · Last update May 2023.
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2-Year BTP Short Term - IT
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About 2-Year BTP Short Term — Italy
DEFINITION
Yield The 2-Year BTP Short Term Yield is a financial indicator that measures the yield on Italian government bonds with a maturity of two years. It is used by investors and analysts to assess the short-term borrowing costs of the Italian government and to gauge market sentiment towards the country's economy. A higher yield may indicate higher perceived risk, while a lower yield may signal confidence in the country's financial stability. This indicator is closely monitored by those interested in the Italian bond market and can provide valuable insights into the country's economic outlook.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2023): actual 3.61 %.
Σ
EXPECTED ZONE
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