April 11 (Reuters) - Euro zone bond yields were stable on Friday after a turbulent week as worries about the global economy and U.S.-China trade conflict gripped markets despite a temporary pause in some of U.S. President Donald Trump's broader tariffs.
Investors' nervousness has resulted in heavy selling of U.S. bonds and the dollar, which has pushed the premium that holders of Treasuries demand to hold U.S. debt rather than German Bunds up by the most in a week since the 1990s.
The German 10-year bond yield DE10YT=RR, the benchmark for the euro zone bloc, edged up 0.7 basis points to 2.59%.
Germany's bond market sat out a global selloff on Wednesday, which saw U.S. yields rise dramatically and the gap between the German and U.S. 10-year yields widen.
On Friday, selling in U.S. bonds resumed, with the 10-year note yield US10YT=RR rising to 4.427% and the spread between German and U.S. 10-year Treasuries DE10US10=RR widening to 182 bps, having risen by over 40 bps in this week alone, its largest such increase in at least 30 years, according to LSEG data.
Bunds have only risen by 3 bps this week, as investors have flocked to safe havens beyond the U.S. market, particularly in light of the aggressive selloff in Treasuries.
Italy's 10-year yield IT10YT=RR was higher by 1.7 basis points at 3.82%. The gap between Italian and German 10-year bunds DE10IT10=RR, a gauge of the premium that investors demand to hold Italian debt, widened to 122 bps.
Germany's two-year bond yield DE2YT=RR, which is more sensitive to European Central Bank rate expectations, was 1.6 bps lower at 1.8%.
German inflation eased to 2.3% in March, the federal statistics office said on Friday, confirming preliminary data.