LONDON, Jan 5 (Reuters) - European stocks, government bond prices and the euro declined on Friday after U.S. December jobs growth was stronger than expected, dampening chances that the Federal Reserve will cut interest rates in the first quarter.

The pan-European STOXX 600 was last down 1.1% at its lowest level since mid December.

The euro was down 0.4% against the stronger dollar , briefly touching its lowest since Dec. 14.

European government bond prices dropped, pushing the yield on the German 10-year up 9.5 basis points to 2.211%, its highest since Dec. 13.

Bond yields move inversely with prices. (Reporting by Samuel Indyk, editing by Alun John)