Jan 16 (Reuters) - Euro zone bond yields edged up

slightly on Thursday, after posting their largest one-day drop

since June, while cooling U.S. inflation gave fixed-income

markets some relief after a global sell-off.

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

the euro zone bloc, rose one basis point (bp) to 2.541%. On

Wednesday, yields fell 9 bps, their biggest daily fall since

mid-June.

December data showed softening underlying inflation in the

U.S., which sparked a sharp drop in elevated global bond yields

on Wednesday.

Italy's 10-year yield was also higher by one bp

at 3.7%, and the gap between Italian and German yields

stood at 115.3 bps.

On Thursday, investors will eye accounts published later in

the session from the European Central Bank's December meeting,

where it cut interest rates by 25 bps and kept the door open to

further easing.

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

sensitive to ECB rate expectations, was up 0.5 bp at 2.261%.