Italy's 10-year BTP yield remained just below 3.5% as investors assessed the implications of the recently concluded EU-India landmark trade agreement alongside renewed US tariff threats. This significant deal, which encompasses a quarter of global GDP, establishes a free trade zone that spans two billion people after nearly 20 years of negotiations. Its primary goal is to open markets in the face of US tariffs and Chinese export controls. Contributing to market uncertainty is US President Trump's recent warning of higher tariffs on South Korean goods, similar to his earlier threats directed at Canada and Europe this month. Investors are now anticipating the US Federal Reserve's policy decision on Wednesday, with expectations that interest rates will remain unchanged. Additionally, there is growing speculation that a more dovish successor to Fed Chair Jerome Powell could be appointed this week.