Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly 3-Year BTP Auction fell to 2.98% in June 2026
FMPMonthlyReleased July 2026
Italy 3-Year BTP Auction fell to 2.98% in June 2026, released July 2026, down 0.05% from May's 3.03% reading.
Latest Release
2.980000
Actual
—
Consensus
3.030000
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 |
|---|---|---|---|---|---|
| EUR/GBP | ▼ Inverse | −0.34 | FOREX | Moves against | → View |
| EUR/JPY | ▼ Inverse | −0.28 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
3-Year BTP Auction (Italy) was reported at 2.98% in July 2026. The reading fell from the previous value of 3.03%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 2.63%, ranging from 2.36% to 3.03% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 3%, up from the prior three at 2.53%. Volatility over the past year (σ 0.26%) is higher than the prior year (σ 0.18%). In July readings over the past 3 years, 3-Year BTP Auction has averaged 2.9%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/GBP (Bearish EUR).
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 July 2026.
SHARE
3-Year BTP Auction - IT
Loading chart data...
About 3-Year BTP Auction — Italy
DEFINITION
The 3-Year BTP Auction is a financial indicator that measures the demand for Italian government bonds with a maturity of 3 years. It is used to assess the current market sentiment towards Italian debt and can provide insight into the country's economic stability and borrowing costs. This auction is closely monitored by investors and analysts as it can impact the overall performance of the Italian bond market and the country's financial health.
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 (Jul 2026): actual 2.98 %. Prior reading (Jun 2026): 3.03 %. Before that (May 2026): 2.98 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection.
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 |