LONDON, May 15 (Reuters) - Euro zone bond yields edged

down on Thursday as traders await key U.S. data due later in the

session for a steer on the world's biggest economy, while relief

on easing trade tensions faded, pushing some flows into fixed

income.

Germany's 10-year yield, the euro area's

benchmark, was down one basis point (bp) to 2.687%, but remained

close to a multi-week high of 2.7% hit on Wednesday.

German 2-year yields, more sensitive to changes

in expectations for European Central Bank policy, were also off

1 bp at 1.934%.

Italy's 10-year yield were flat at 3.72%.

Closely-watched U.S. data on Thursday includes April retail

sales and jobless figures due later.

Official figures showed Britain's economy grew by a

better-than-expected 0.2% in March. Traders are also awaiting

euro zone flash GDP figures for Q1 due later in morning trading.