Italy bond yields rise on report 5-Star leader quitting, but selloff contained
(WorldNews Italy)

LONDON — Italy’s bond yields rose on Wednesday, widening the gap over safer German peers, on reports that Luigi Di Maio will step down as the 5-Star movement’s leader, but sentiment stabilized as an imminent collapse of the ruling coalition was seen as unlikely. Di Maio will step down as leader of Italy’s co-governing 5-Star movement on Wednesday, a senior party source said. He is also the country’s foreign minister. While his resignation is not expected to bring down the government, it would underscore deep divisions within 5-Star....