Benchmark 10-year yields on Italian Treasuries were hovering around 2.95% mid-Thursday.

After peripheral states, like Italy, paid down Eurozone crisis obligations and returned to the debt markets, investors have pushed down yields in anticipation that the European Central Bank will counter the low inflation and growth environment with additional monetary easing. [Investors Pour Cash Into Peripheral Europe ETFs]

Potential investors should note that the PowerShares DB Italian Treasury Bond ETNs are relatively small – ITLY has an average daily volume of around 7,500 and ITLT has an average volume of around 5,400, according to Morningstar data. Investors should utilize limit orders to better control trades.

PowerShares DB Italian Treasury Bond Futures ETN

For more information on Italy, visit our Italy category.

Max Chen contributed to this article.