LONDON, Feb 13 (Reuters) - Euro zone bond yields fell on

Thursday after U.S. President Donald Trump said he planned to

unveil reciprocal tariffs later in the day.

Trump gave no details about his latest tariff plan, which

could take aim at every country that charges duties on U.S.

imports.

Traders were also digesting comments by the U.S. president

promising a swift end to the Ukraine war.

Trump separately discussed the war on Wednesday with Russian

President Vladimir Putin and Ukrainian President Volodymyr

Zelenskiy, and told U.S. officials to begin talks on ending the

nearly three-year-long conflict.

Oil and European natural gas prices fell

on Wednesday and Thursday, cooling concerns about inflation and

helping pull yields lower.

Germany's 10-year bond yield, the benchmark for the

euro zone, was last down 6 basis points (bps) at 2.419%. It rose

12 bps over the previous two sessions to its highest in almost

two weeks, partly driven by strong U.S. inflation data on

Wednesday. Yields move inversely to prices.

Data on Wednesday showed U.S. producer prices

increased solidly in January

, offering more evidence inflation was picking up again and

strengthening financial market views that the Federal Reserve

would not be cutting interest rates before the second half of

the year.

Meanwhile, weak euro zone

industrial data

added to the downward pressure on yields, with figures on

Thursday showing production shrank more than expected in

December.

Hauke Siemssen, rates strategist at Commerzbank, said bond

prices were stabilising after coming under pressure in part due

to large amounts of issuance in the last few days, including

syndications

from the European Union, France and Italy.

He said the potential for German bonds to rally on the back

of Ukraine peace talks is limited, given that the improvement in

investor sentiment would tend to favour stocks.

"Bunds look set to enter calmer waters with the

duration-intensive euro (bond) supply out of the way for the

rest of the week and the data calendar also thinning out," he

said. "Duration" denotes longer-dated bonds.

The two-year German bond yield, which is more

sensitive to European Central Bank interest rate expectations,

was 5 bps lower at 2.087% after rising 11 bps over the last two

sessions.

Traders on Thursday very slightly added to their bets on

further ECB cuts this year and now see around 77 bps of

reductions by the end of 2025.

Italy's 10-year yield was down 6 bps at 3.502%, and

the gap between Italian and German bond yields

narrowed 3 bps to 105 bps.