Italy’s FinMin Tria: Excessive yield gains not reflecting economic fundamentals

Italy's finance minister Giovanni Tria was out on the wires in the last hour, saying that the recent surge in the government bond yields is a reason for concern.

Additional quotes:

   •  Excessive yield gains not reflecting economic fundamentals. 
   •  The government thinks it appropriate to confirm multi-year budget forecasts.
   •  Budget deficit increase in 2019 is €22 billion.