Euro zone bond yields dip ahead of inflation data

LONDON, April 3 (Reuters) – Euro zone bond yields fell slightly on Wednesday, after rising sharply the previous day, as investors waited for March inflation data for the bloc. ** Germany’s 10-year bond yield, the euro zone benchmark, was last down 3 basis points (bps) at 2.382%. Yields move inversely to prices. ** The yield rose 12 bps on Tuesday, catching up after a holiday with a sharp rise in U.S. yields on Monday, which was driven by stronger-than-expected survey data. ** Data due at 0900 GMT (1100 CEST) is expected to show inflation held steady at 2.6% year-on-year in March, although some economists think Tuesday’s soft regional price data means the figure could come in lower. ** Germany’s two-year…