
Yields on Italian and German government bonds are rising, with the BTP-Bund spread at 94 basis points, while there is fear of an increase in inflation and a consequent intervention by central banks.
AI-generated summary
Government bond yields are key indicators of inflation expectations and central banks' monetary policies.
Jump in government bond yields while there is fear of an increase in inflation and the consequent intervention of central banks.
The spread between BTPs and Bunds closes at 94 points, from 91 the day before. The Italian ten-year rate rose by 8 basis points to 4.589% and the German one to 3.64% (+4 points).
AI outlook — possibilities, not facts
Central banks could intervene with restrictive monetary policies to combat inflation
Possible · Within weeks

In the first quarter of 2026, the average mortgage rate in Italy stood at 3.37%, in line with the 3.38% of Q4 2025. Italy remains among the most favorable European markets, with rates lower than those of Hungary (6.58%), Romania (5.70%), Norway (5.06%), the Czech Republic (4.52%) and the United Kingdom (4.10%). The rates in Germany (3.75%) and the Netherlands (3.67%) are slightly higher. France (3.21%), Spain (2.72%) and Denmark (3.32%) record lower values.

From today, prices at the pump are falling thanks to the price cap of Eni and Socar-Ip: petrol at €2.152/l and diesel at €2.369/l in self-service mode on the national network. A 50-litre tank saves up to 9.35 euros per week for a diesel car. However, independent operators and trade associations fear distortive effects on competition, citing French precedents and announcing possible shutdowns, such as that of Sicilian road transport from 16 to 20 October.

Agea reminds you that September 30th is the deadline for submitting applications for access to the agriculture diesel bonus, financed with 89.8 million euros and opened on August 6th to support agricultural businesses affected by the rise in energy prices and geopolitical tensions. The contribution is equal to 20% of the expenditure incurred for the purchase of diesel and petrol between March and May 2026.

The introduction of a cap on fuel prices by Eni and Enilive (€1.99 petrol, €2.19 diesel) has caused long queues and running out of stocks in several Italian cities. IP has also announced price containment measures.

Assopetroli-Assoenergia asks for the extension of the price cap to all supplies to avoid the closure of independent operators and serious market distortions affecting transport, agriculture and industry.

Assopetroli-Assoenergia asks for the extension of the price cap to wholesale supplies to avoid the closure of independent operators and distortions of competition in the sector that supplies transport, agriculture and industry.