LONDON, May 6 (Reuters) - Benchmark German government

bond yields rose to their highest in three weeks on Tuesday as

investors braced for debt sales from the United States and

Germany.

German 10-year bond yields dropped nearly 30

basis points in April as investors took refuge in the market as

a safe haven amid a searing selloff in U.S. Treasuries driven by

tariffs that raised questions about the status of the world's

biggest bond market.

But German yields have risen 10 bps so far in May as risk

assets have recovered. On Tuesday, they were up 2 bps to 2.54%,

their highest since April 14.

Focus was on debt sales. Germany was expected to reopen an

outstanding 30-year bond by syndication after hiring banks on

Monday, according to a lead manager, while the U.S. will auction

$42 billion in 10-year notes.

Italian bond yields were also up 2 bps to 3.64%,

putting the closely-watched spread they pay over German debt

at 107 bps.

Traders were pricing in more than a 90% chance of a rate cut

from the ECB in June and roughly 60 bps of total cuts by the end

of the year.

Investors will also examine final euro zone business

activity data for April.