LONDON, May 14 (Reuters) - Euro zone bond yields were little changed on Tuesday as investors waited for Wednesday's data on U.S. inflation, which could influence the Federal Reserve and other central banks' rate-cutting decisions.
Germany's 10-year bond yield, the benchmark for the euro zone bloc, rose 0.5 basis points (bps) to 2.51%. Yields move inversely to prices.
Italy's 10-year yield was higher by 1.4 bps at 3.87%, and the gap between Italian and German bond yields widened 0.9 basis points to 134 bps.
The spread between U.S. 10-year Treasury and German bond yields narrowed 1.1 basis points to 197 bps.
Germany's two-year bond yield, which is more sensitive to European Central Bank rate expectations, was roughly flat at 2.95%. (Reporting by Harry Robertson; Editing by Andrew Heavens)
