Italy 10-Year Government Bond Yield
The OECD long-term interest rate for Italy: the yield on 10-year Italian government bonds (BTPs), monthly averages since 1991, via FRED. Monthly with a lag of about six weeks.
Italy 10-year yield (%)
- 1-year change (pp)
- +0.45 pp
Latest reading
As of August 2026, Italy 10Y (Italy 10-year yield (%)) stands at 3.99% — up from 3.88% the prior reading, 10.43 pp below the October 1992 record of 14.42%. The BTP–Bund spread is the euro area's stress gauge: it blew out past 500 basis points in 2011–12 and again toward 250 in 2018 and 2022. Read the level here for Italy's own borrowing cost, and the spread against Germany on the global page for the euro-area risk premium once the general level of rates is stripped out. Series history runs from 1991 to present.
Sources, methodology & freshnessOECD long-term government bond yields (10-year), monthly, via FRED (IRLTLT01ITM156N) · Monthly, with every releaseData as of 2026-08-01 · Open ↓Close ↑
Full history
Yield (%)
1-year change
The yield minus its level one year earlier, in percentage points — the pace of repricing rather than the level.
Methodology & data
Italy 10Y is sourced from OECD via the Federal Reserve's FRED service (OECD long-term government bond yields (10-year), monthly, via FRED (IRLTLT01ITM156N)). We pull the complete history, chart it on a monthly basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.
Readings are dated by the period they cover. Latest observation 2026-08-01; site refreshed 2026-10-07. Maintained and reviewed by Yuriy Matso; see our methodology for the standards every series on the site is held to.
Frequently asked questions
What is the Italy 10-Year Government Bond Yield?
The OECD long-term interest rate for Italy: the yield on 10-year Italian government bonds (BTPs), monthly averages since 1991, via FRED. Monthly with a lag of about six weeks.
How do you read Italy 10Y?
The BTP–Bund spread is the euro area's stress gauge: it blew out past 500 basis points in 2011–12 and again toward 250 in 2018 and 2022. Read the level here for Italy's own borrowing cost, and the spread against Germany on the global page for the euro-area risk premium once the general level of rates is stripped out.
Where does the Italy 10Y data come from?
OECD long-term government bond yields (10-year), monthly, via FRED (IRLTLT01ITM156N). We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/italy-10-year-yield.csv.
How often is Italy 10Y updated?
Italy 10Y is a monthly series from OECD, refreshed here as soon as a new release posts to FRED.
Italy 10-year yield (%)
- 1-year change (pp)
- +0.45 pp