UPDATE 2-Former Italy PM Renzi leads breakaway from PD, still backs government <!-- no image --> <div>* Italian bond yields rise (Recasts, adds comments from PM, party chiefs, background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=kF-BwWJEhGk:VnKbtC-uHtA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=kF-BwWJEhGk:VnKbtC-uHtA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=kF-BwWJEhGk:VnKbtC-uHtA:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=kF-BwWJEhGk:VnKbtC-uHtA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=kF-BwWJEhGk:VnKbtC-uHtA:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/kF-BwWJEhGk" height="1" width="1" alt=""></div> Posted by Reuters