(Updates prices, adds detail and analyst comment)

By Joice Alves and Amanda Cooper

LONDON, Nov 20 (Reuters) - Euro zone bond yields edged

higher on Thursday after upbeat results from AI bellwether

Nvidia ( NVDA ) bolstered risk assets such as stocks, though enthusiasm

was kept in check by delayed U.S. jobs data showing unemployment

rose in September.

With investors feeling more positive, for now, about the

resilience of the stock market and the AI story that underpins

it, bonds have come under pressure. Bond yields move inversely

to price.

This has come more at the longer end of the curve, where

yields in Japan have hit record highs, while those on UK and

U.S. debt have cranked to their highest in weeks.

Long-dated German bond yields have been no exception, with

30-year debt now at 3.36%, its highest since early September.

Two-year Schatz yields were flat at 2.02%, having

declined by about 2.3 bps this week, in contrast with the 1.4

bps rise in 30-year yields, a dynamic known as curve steepening.

U.S. UNEMPLOYMENT RISES IN SEPTEMBER

With no market-moving European data on Thursday, investor

attention was pinned on the U.S. jobs report, which had been

delayed by the 43-day government shutdown.

The data showed that the U.S. unemployment rate rose in

September even as employers added more jobs than economists had

expected.

The benchmark German 10-year Bund yield was up

1.6 basis points at 2.72%, its highest since early October. It

briefly followed U.S. Treasuries a tad lower.

"Despite the move lower in Treasury yields, this report

doesn't change our outlook for a December pause by the Fed,"

said Collin Martin, head of fixed-income research and strategy

at Schwab Center.

"It suggests the labour market is cooling, but probably not

enough to move the needle for the committee members that are

worried about inflation."

The European Central Bank, meanwhile, is not expected to

move rates at all in the coming year, based on the swaps market.

Against that backdrop, the yield premium that U.S. 10-year

Treasuries command over 10-year Bunds has been

hovering around 141 bps, not far off September's 135 bps, the

lowest in nearly two years.

($1 = 0.8684 euros)