10-year government bond yield Italy 1992-2023
The average yearly yield of Italian 10-year government bonds has shown a significant downward trend from 1992 to 2023. Starting at over 13 percent in 1992, yields steadily declined, with slight fluctuations, reaching a low of 0.81 percent in 2021. After 2021, yields began to rise again, reflecting recent increases in interest rates and inflation expectations. This long-term decline indicates decreasing inflation and interest rates in Australia over the past decades, with recent economic conditions prompting a reversal in bond yields.