According to a report by Il Messaggero
Pretty much reiterating what prime minister Giuseppe Conte said overnight, that they would adjust measures in the budget if the bond yields spread continues to widen.
Despite the early reprieve yesterday in Italian assets, all that has been erased as the Germany and Italy 10-year bond yields spread has now widened back to more than 300 bps, now at 309 bps:
Soothing words but it's not going to change the overall perception the market currently has on the Italian government/budget proposal.
