EURO GOVT-Bund futures slip to session lows

LONDON Nov 13 (Reuters) - European government bond futures extended losses on Friday, hitting a session low as they tracked U.S. Treasuries after U.S. trade data.

The December contract FGBLc1 fell as low as 121.26, down 30 ticks on the day. It had earlier hit a high of 121.79.

A trader said earlier comments by a European Central Bank official also weighed on Bund futures.

ECB Executive Board member Jose Manuel Gonzalez-Paramo said the central bank could potentially raise euro zone interest rates even if one or two of the bloc's members were still in recession.[ID:nLD731406]

"(ECB's) Gonzalez Paramo was a bit hawkish talking they could hike rates before countries are out of recession. The U.S. has obviously traded off on the day, didn't like the jump in trade deficit," said a bond trader in London.

"It's a thin market but it looks technically a bit wobbly."

U.S. trade deficit widened in September while import prices rose for the third straight month in October, pushed up by a jump in the cost of fuel imports and the depreciating dollar, a government report showed. [ID:nN13459784] (Reporting by London markets team)