Monti confident in Italian government, bonds.

 Italy's former technocratic leader Mario Monti doesn't agree with George Soros and others who say the stability in the Italian bond market (ITLY, ITLT) is merely the proverbial calm before the storm. Monti said Tuesday that the ECB is better equipped now than previously to handle disruptions in the sovereign debt market and noted that in his opinion, the steep decline in yields on Italian sovereign debt is sustainable. Monti also predicted that another election is not imminent in Italy as electoral law reform will take at least six months to complete