FX.co ★ Italy’s 10-Year BTP Yields Rise

Yields on Italy's 10-year BTPs rose towards 3.5%, marking their highest level since January 6, as investors contended with escalating geopolitical tensions and declining Japanese government bond prices. The markets are closely monitoring the repercussions of US President Donald Trump's persistent assertions that the US should control Greenland, in addition to his threats of imposing tariffs on several European nations if an agreement is not finalized. The potential response from Europe remains a key concern. Adding to the pressure, the Japanese bond market experienced unrest following Prime Minister Sanae Takaichi's announcement of snap elections in February, which has shaken confidence in Japan’s fiscal stability.