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Italy's 10-Year BTP yield climbed above 4.62%, remaining near it highest level in three years, as concerns over Europe's highly indebted countries continue to pressure the bond market, with France's fiscal position remaining the key concern. In Italy, Premier Meloni seeks to lower the nation's 2026 budget deficit below
Italy's 10-Year BTP yield rose to around 4.64%, remaining near it highest level in three years, as concerns over debt affordability and government spending across Eurozone countries, such as France and Italy, led to a broader bond selloff. Prime Minister Meloni aims to narrow Italy's budget deficit below the EU's 3% li