Euro zone bond yields steady near multi-month lows

LONDON, Feb 25 (Reuters) - Germany's 10-year government bond yield was little changed on Wednesday, near its lowest level since November, as safe-haven bonds remain supported by U.S. tariff uncertainty, geopolitical worries and shaky stocks.

Germany's 10-year Bund yield DE10YT=RR, the benchmark for the euro zone, was up less than 0.5 basis points (bps) to 2.711%. It hit 2.697% on Tuesday, its lowest level since November 28.

Bond yields move inversely to prices.

"In the near-term, Bunds are likely to remain supported as the sabre-rattling of the U.S. against Iran shows no signs of abating ahead of tomorrow's talks, and markets being wary of a near-term military strike," said Commerzbank rates strategist Rainer Guntermann in a note.

U.S. President Donald Trump on Tuesday laid out his case for a possible attack on Iran in his State of the Union speech to Congress, saying he would not allow the country to have a nuclear weapon.

His State of the Union speech came on the same day the U.S. began collecting a temporary 10% global import tariff, although a White House official said they were working to increase it to 15%, as Trump said he would do last weekend, after the Supreme Court struck down the broad duties he imposed last year.

The impact of the new tariffs on monetary policy is unclear, but European Central Bank President Christine Lagarde said on Monday that inflation and policy remain in a "good place", indicating that no change is being considered in the near term.

Germany's two-year yield DE2YT=RR, which is sensitive to changes in interest rate expectations, was little changed at 2.054%.