ECB Views Italy's Bond Spread Jump as Warning Sign to Slow PEPP Exit Plans

ECB sees Italy's spread jump as justified due to higher deficit projections, but a warning sign to cool PEPP exit talk

Sources say no hurry to intervene as Italy's troubles are self-inflicted

Selloff raises questions on Italy's debt sustainability, prompting speculation about ECB action

Sources say market reaction justified, but shows PEPP flexibility valuable not to give up

Turbulence could complicate discussions on early PEPP end, no rush for talks