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%.