LONDON, June 3 (Reuters) - Euro zone bond yields were little changed on Monday as investors waited for a decision by the European Central Bank on Thursday, when policymakers are likely to cut interest rates from the current record high of 4%.
Germany's 10-year bond yield, the benchmark for the euro zone bloc, was roughly flat at 2.643%.
Italy's 10-year yield was lower by 1 basis point (bp) at 3.951%, and the gap between Italian and German yields narrowed slightly to 130 bps.
The spread between U.S. 10-year Treasury and German bund yields held steady at 184 bps.
Germany's two-year bond yield, which is more sensitive to European Central Bank rate expectations, was little changed at 3.091%.
(Reporting by Harry Robertson Editing by Bernadette Baum)
