Feb 17 (Reuters) - Euro zone government bond yields rose

on Monday while markets were eyeing political developments

around a potential peace deal in Ukraine.

French President Emmanuel Macron will host European

leaders, including Britain's prime minister on Monday for an

emergency summit on the Ukraine war.

Europe won't have a seat at the table for Ukraine peace

talks, Donald Trump's Ukraine envoy said on Saturday.

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

the euro zone bloc, rose to its highest since January 31, and

was last up 7 basis points (bps) at 2.493%.

Yields move inversely to prices.

Italy's 10-year yield yield touched its highest

since January 31 at 3.599%. It was last up 7 bps at 3.591%.

Germany's two-year bond yield, which is more

sensitive to European Central Bank rate expectations, was up 3

bps at 2.14%.