(Bloomberg) -- Italian bonds declined ahead of a meeting of euro-area finance ministers, who are set to discuss how to deal with a government that is showing few signs of capitulating on its budget plans.

Short-dated bonds led the selloff before the gathering, scheduled to take place in Brussels later Monday. Italian stocks fell for the first time in four days. Italy’s leaders have until Nov. 13 to submit revised spending plans after the European Commission took the unprecedented step of rejecting initial proposals to widen the deficit. Deputy Prime Minister Luigi Di Maio said in an interview with the Financial Times that the government’s plans would not change.

There were also signs of infighting between Italy’s coalition partners, with Giancarlo Giorgetti, a League member and key aide to leader Matteo Salvini, warning that the government could be at risk of collapse if the parties focus only on polling results. Support for the League rose to 34.7 percent in an Ipsos poll published in Corriere della Sera. European commissioner Valdis Dombrovskis said Italy’s budget plan needs substantial adjustments.

“The Eurogroup meeting could see a display of unity from other finance ministers against Italy’s budget plans,” said Antoine Bouvet, an interest rates strategy at Mizuho International Plc. “The market might be anticipating a heated debate on the topic.”

Italian two-year yields climbed nine basis points to 0.96 percent, while those on 10-year bonds rose four basis points to 3.36 percent. The yield spread over their German peers widened four basis points to 293 basis points. The FTSE MIB Index of shares dropped 0.5 percent.

Italian bond futures slipped, with a block trade of 500 10-year contracts adding to the pressure, according to traders in London. The move appeared to be flow-driven with no material news, though may reflect some positioning ahead of the Eurogroup meeting, the traders said.

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