Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly 2-Year BTP Short Term Auction climbed to 2.89% in February 2026
FMPMonthlyReleased March 2026
Italy 2-Year BTP Short Term Auction climbed to 2.89% in February 2026, released March 2026, up 0.73% from January's 2.16% reading.
Latest Release
2.890000
Actual
—
Consensus
2.160000
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 | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.91 | COMMODITIES | Moves with | → View |
| BTC/USD | ▲ Direct | +0.46 | CRYPTO | Moves with | → View |
| EUR/JPY | ▲ Direct | +0.37 | FOREX | Moves with | → View |
| EUR/GBP | ▼ Inverse | −0.36 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
2-Year BTP Short Term Auction (Italy) was reported at 2.89% in March 2026. The reading rose from the previous value of 2.16%. Trailing 12-month context per ETL data through March 2026.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 2.41%, up from the prior three at 2.18%. In March readings over the past 3 years, 2-Year BTP Short Term Auction has averaged 2.86%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with BTC/USD, positively correlated (Bullish BTC).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include S&P Global Manufacturing PMI (Aug 3) and Retail Sales MoM (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
SHARE
2-Year BTP Short Term Auction - IT
Loading chart data...
About 2-Year BTP Short Term Auction — Italy
DEFINITION
The 2-Year BTP Short Term Auction is a financial indicator that measures the demand for Italian government bonds with a maturity of two years. It provides insight into the current market sentiment towards Italian debt and can be used to assess the country's short-term borrowing costs. This indicator is closely monitored by investors and analysts as it can reflect the overall economic stability and confidence in the Italian economy.
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 (Mar 2026): actual 2.89 %. Prior reading (Nov 2025): 2.18 %. Before that (Oct 2025): 2.15 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.91) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - IT Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | IT | Gross Domestic Product YoY | 1 | 0.8 | 0.7 | 0.85 | Low |
| 08:00 | IT | GDP Growth Rate QoQ | 0.2 | 0.3 | 0.1 | 0.15 | High |
| 08:00 | IT | GDP Growth Rate YoY | 1 | 0.8 | 0.7 | 0.85 | High |
| 08:00 | IT | Gross Domestic Product QoQ | 0.2 | 0.3 | 0.1 | 0.15 | Low |
| 09:00 | IT | Unemployment Rate | 5.7 | 5.3 | 5.1 | 5.40 | Medium |
| 10:00 | IT | Producer Price Index YoY | 5.8 | 7.3 | 5.4 | 5.60 | Low |
| 10:00 | IT | Producer Price Index MoM | 0 | -0.2 | -0.4 | -0.20 | Low |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:00 | IT | Business Confidence | 89.6 | 88.6 | 88.9 | 89.25 | Medium |
| 08:00 | IT | Consumer Confidence | 94.2 | 92.4 | 92.5 | 93.35 | Medium |