Shock Inference Lab

Italy elects Meloni

2022-09-25 · Italy · election · severity 2/5

Right-wing coalition wins; BTP-bund spread widens modestly then stabilises.

Pre/post market reaction

WindowIT 10Y ΔDE 10Y ΔSpread Δ
1d0.00pp0.00pp0.00pp
1w+0.01pp+0.15pp-0.14pp
1m+0.01pp+0.15pp-0.14pp
3m+0.11pp+0.36pp-0.25pp

Yields at monthly resolution; sub-month windows interpolated. pp = percentage points.

Domestic political risk

Repricing concentrated locally.

Inference scores

predictive
confidence: high

Pre-event abnormal yield movement exceeds post-event movement.

Early warning63/100

Abnormal yield move before the event (90d proxy).

Reaction50/100

Abnormal yield move after the event (1m / 3m).

Constraint38/100

Lead/lag band: no-signal.

Amplification0/100

Post-event move beyond pre, on a crisis backdrop.

Confidence70/100

Severity × benchmark coverage × data coverage.

v1 scores use a simple factor model on monthly yields. See docs/METHODOLOGY.md.

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