Nov 12 (Reuters) - Euro zone government bond yields rose

slightly on Tuesday as investors awaited possible clues about

the European Central Bank monetary easing path from German

economic data.

The ZEW Economic Research Institute will issue figures on

German investor morale later in the session.

Borrowing costs dropped the day before, while media reports

about potential candidates to serve in the U.S. administration

of President-elect Donald Trump renewed concerns about tariffs

that could hurt the bloc's economy.

Germany's 2-year yield, which is more sensitive

to ECB interest rate expectations, was up one basis point (bp)

to 2.14%, after falling 5 bps on Monday.

Money markets priced in a depo rate at around 1.9% in July

, from around 2% the day before, while fully

pricing in a 25 bps rate cut in December

and a 20% chance of a 50 bps move.

Germany's 10-year government bond yield, the

euro area's benchmark, was up 0.5 bps at 2.33%, after dropping 4

bps on Wednesday.

Italian 10-year government bond yield, the

benchmark of the euro area's periphery, rose 1.5 bps to 3.61%.

The spread between Italian and German 10-year yields

- a gauge of risk premium investor demand to hold

Italian debt - stood at 126.5 bps.